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Listed by:Kidder Mathews • Max Frame
$ 4,500,000
Est. payment /mo
New
1811 20th AVE Seattle, WA 98122
1 Bed
4 Baths
10,855 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,855 sqft
Price per Sqft $414
Subdivision Capitol Hill
MLS Listing ID 2590693
Style 56 - 10+ Units
Bedrooms 1
Year Built 2015
Annual Tax Amount $34,987
Lot Size 4,800 Sqft
Lot Dimensions 4800
Property Sub-Type Multi Family
Property Description
44-unit, 2015-built multifamily investment opportunity in Seattle's Madison Valley. Madison 2.0 features a mix of SEDUs, studios, one-bedroom homes and live/work lofts with modern finishes, large windows, stainless appliances and efficient floorplans. Community amenities include a rooftop deck with city views, shared kitchen and laundry. Excellent urban location near Capitol Hill, Downtown Seattle, dining, retail, employment centers and transit. Offered at $4.5M ($102,273/unit) with a 6.34% cap rate on current operations and additional rental upside.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N Yes
View City
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://simonandersonteam.com/listings/madison-2-0/
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