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1418 2nd Ave W
Seattle, WA 98119

1418 on the Hill · Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.26 AC
Building Size 11,190 SF
No. Stories 3
Year Built 1948
Parking Ratio 0.89/1,000 SF

About 1418 2nd Ave W , Seattle, WA 98119

CALL FOR OFFERS: Monday, November 4, 2019. 1418 on the Hill offers perfectly finished units for an investor who is looking to purchase a meticulously maintained asset with the ability to push value through the addition of units. This apartment complex provides all the necessary amenities to retain and make tenants feel at home in your apartment units. This building features a good mix of 2 x 1 and 1 x 1 units with remodeled kitchens and beautifully maintained real hardwood floors throughout the building. Queen Anne Hill has been a longtime hotbed for investors looking for core-plus assets with a proven history of rental growth. This neighborhood is highly attractive to renters due to it's residential feel, but also it's access to employers and transit. With median housing prices exceeding $700,000, renting is the only option for many residents who wish to live in the area. It is no wonder why the highest rental rates outside of the core can be found at the top of Queen Anne Hill.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,726 1,050
1+1 6 $1,895 800

PROPERTY TAXES

zoning

Zoning Code MR
  • Listing ID: 17371878

  • Date on Market: 2019-10-04

  • Last Updated:

  • Address: 1418 2nd Ave W, Seattle, WA 98119