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1718 Summit Avenue, Seattle, WA, 98122

1beds
2baths
4,785sqft
$1,699,000
$355price/sqft
$10,274/moest. monthly cost
$410,960/yrincome needed

About This Home

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

Getting Around

97
WalkingWalker's Paradise
97
TransitRider's Paradise
82
BikeVery Bikeable

Schools

4/10
Lowell Elementary SchoolGrades PK-50.6 mi
7/10
8/10
Garfield High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1961

Materials

  • Foundation: Poured Concrete
  • Roof: See Remarks
  • Construction materials: Brick,Cement/Concrete,Wood Products

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 4,785
  • Total interior livable area: 4,785 sqft

Property

Details

  • Parcel number: 8804900720
  • Zoning description: Multi-Family,Jurisdiction: See Remarks
  • Special condition: Standard

Lot

  • Lot size: 5,000 sqft
  • Features: Paved,Sidewalk

Parking

  • Total spaces: 5
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5