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535 Federal Ave E

Seattle, WA 98102 View Map $1,399,000 Schedule a Tour
Sq.Ft.2,743
Year1902
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

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Listing Office

Office:Exp Realty

4-plex for sale at 535 Federal Ave E Seattle, WA 390 - Central Seattle 98102, MLS#2072089


Status: Active
Property Type:4-Plex
MLS® #:2072089
Sq. Feet:2,743
On Site:17 Days
Lot Size:0.04 Acres
County:King
Unbeatable north Capitol Hill location! This corner lot 4-plex offers 4 spacious 1-bed, 1-bath apartments. Units are in good shape with plenty of upside to update apartments for even better cashflow. Old World Charm, high ceilings, light & bright, great floor plans, gas heat & cooking. UPDATED plumbing & electrical. Massive attic (more than 1,000 sq, ft) with potential to finish. Close to EVERYTHING - A Walker's Paradise! Walk to shops, Seattle U, Volunteer Park, Swedish, Seattle CC, Cornish, QFC, Light Rail Station, shopping, restaurants & more! Conveniently located between Broadway and 15th - close to the hustle and bustle yet still a quiet residential neighborhood. Low rents, tons of upside, BEST location on Cap Hill.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:535 Federal Ave E, Seattle, WA 98102
County:King
City:Seattle
School District:Seattle
Subdivision:Capitol Hill
Zip Code:98102

Architecture

Year Built:1902
Stories:2
Possible Use: Multi-Family
Year Built Effective: 1985
Building Style: 4-Plex
Roof: Composition
Foundation: Post & Pillar

Features / Amenities

Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Exterior Features: Wood
Site Features: Cable TV, Gas Available, High Speed Internet
Heating: Baseboard, Stove/Free Standing

Property Features

Lot Size: 0.04 Acres
Lot Features: Corner Lot, Paved, Sidewalk
View: Territorial
Sq.Ft. Size: 2743
Lot Sq.Ft. Size: 1841
Sewer: Sewer Connected
Water: Public
Directions:From Broadway, Head W on E Mercer St. Located on the R, on the corner of E Mercer St & Federal Ave E.

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $10,166
Electric Expense: $704
Insurance Expense: $1,238
Net Income: $66,282
Listing Terms: Cash Out, Conventional
Total Monthly Income: $6,800
Net Operating Income: $66,282
Total Expenses: $15,318
Offers: Seller intends to review offers upon receipt
Possession: Tenant's Rights

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535 Federal Ave E Seattle,  WA 98102
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535 Federal Ave E Seattle, WA 98102
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2023. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on June 9, 2023 at 4:30 AM PST.