Listing Provided Courtesy Of:
eXp Realty and NWMLS
Address
129 21st Avenue E Seattle, WA
Price
$ 3,400,000
Property Attributes
  • ID#1862491
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaCentral Seattle
  • NeighborhoodCapitol Hill
  • Zip98112
  • Style4-Plex
  • Year Built1978
  • Taxes$ 23969
  • Price$ 3,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4314
  • Lot Size9,831 SqFt
Listing Provided Courtesy Of:
eXp Realty and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Over 13M in potential PROFIT! PRIME Capitol Hill Development Opportunity! 129 AND 133 21st Avenue East are located on a tree-lined street just steps from Miller Park and close to all of the entertainment and culture in Capitol Hill. The property offers easy access to South Lake Union, downtown Seattle, and the University of Washington. The existing three and four unit buildings are in good condition, with over 4300 square feet of living space. Always close to 100% occupancy and offering a stable tenant pool, this unique property offers an opportunity to cover all carrying costs during a feasibility period while planning a large development project, with up to 45 units possible in varying configurations in an LR3 Urban Village Zoning Area.

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
11/9/2021 Listed $3,400,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions I-25 to Olive Way to East John to Thomas to 21st Avenue
Elementary School Buyer To Verify
Exterior Features Wood
Flooring Hardwood
High School Buyer To Verify
High School District Seattle
Insurance Expense 3000
Interior Features Hardwood
Leasable Area 4430
Lot Size Square Feet 9833
MLS Area 390 - Central Seattle
Middle/Junior High School Buyer To Verify
Net Operating Income 53034
New Construction No
Possession Closing
Property Style 54 - 4-Plex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 21st
Structure Type Quadruplex
Subdivision Name Capitol Hill
Tax Annual Amount 23969
Tax Year 2021
Terms Cash Out, Conventional
Total Units 7
Units Below Grade false
Utilities Sewer Connected, Electricity Available
Water Company Seattle Public Utilities
Water Sewer Garbage 13245
Year Built 1978

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 2

Exterior Features

Building Area Total 4314
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 238x80
Lot Size Acres 0.2257
Lot Size Units Square Feet
Open Parking Y/N No
Total Parking 8
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98112

Price
AVG $2.3M
$3.4M
Taxes
AVG $16,919
$23,969
Visits
AVG 41
78
Year Built
AVG 1943
1978
Walkscore
AVG 87
90
Data Provided by Walkscore ® not using MLS data

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