Provided by NWMLS, Listed by Blake Investment Advisors

Active

814 Columbia Street

Seattle WA, 98104

$5,750,000


$799.28 per sqft

Active

7,194 sqft

Multi-family

Built in 1907

Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle's most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market rents can be captured without capital expenditure as the current ownership purchased the property vacant and thoroughly updated the property throughout. Owner financing may be available to qualified buyers.

2301687

MLS ID

October 14, 2024

Listed

November 13, 2024

Updated

Map

814 Columbia Street
Seattle WA, 98104

Interior Features

Total Stories

4


Floor Description

Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.07 Acres


Exterior Features

Stucco


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

390 - Central Seattle


Taxes

$37,576


Tax Frequency

Annually


Garage

No


Parking Total

0


View

Yes


View Description

City


County

King


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/20/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/20/2024 at 1:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 11/20/2024 at 1:00 PM UTC 

Powered byLuxury Presence