1811 20th AVE, Seattle, WA 98122
1811 20th AVE, Seattle, WA 98122
1811 20th AVE, Seattle, WA 98122
1811 20th AVE, Seattle, WA 98122
1811 20th AVE, Seattle, WA 98122
1811 20th AVE, Seattle, WA 98122
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Listed by:Kidder Mathews • Max Frame
$ 4,500,000
Est. payment | /mo

1 Bed

4 Baths

10,855 SqFt


$ 4,500,000
Est. payment | /mo

1 Bed

4 Baths

10,855 SqFt

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/

Northwest MLS (NWMLS)

Nearby Locations

Shannon Lambert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 347-0159

homeinsightshannon@gmail.com

1112 Daniels St, Suite 102-D, Vancouver 98660, USA

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1811 20th AVE