1712 Belmont Ave - Apartments FOR SALE


Seattle, WA 98122- Capitol Hill
$1,995,000 USD
206-852-6206
1712 Belmont Ave, Seattle, WA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

1712 Belmont Ave
Seattle, WA 98122
Capitol Hill


HIGHLIGHTS

  • Prime Capitol Hill location near shops, dining and transit
  • Walking distance (0.25 miles) to Capitol Hill light rail station
  • Strong rental history with upside through rent repositioning
  • Potential to develop up to 22,500 SF in the future
  • Fully remodeled penthouse owner’s unit with premium finishes
  • Ideal for long-term hold or redevelopment strategy

OVERVIEW

CBRE and Ewing & Clark is pleased to present Belmont Mansion, a boutique 5-unit multifamily investment opportunity located in the heart of Seattle’s vibrant Capitol Hill neighborhood. Built in 1903, this charming and well-maintained property blends historic character with modern upgrades, offering a rare opportunity to acquire a legacy asset with strong in-place income and future development potential. The property features five spacious units, including a fully remodeled penthouse owner’s unit, and sits on a 5,000 SF mid-rise zoned lot with potential to build up to 22,500 SF. Located just a short walk from the Capitol Hill Light Rail Station and surrounded by some of Seattle’s most iconic restaurants, cafes, and nightlife, Belmont Mansion is ideally positioned to attract long-term tenants and benefit from continued neighborhood growth.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

5

PRICE/UNIT

$399,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belmont Mansion

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,035 SF

ZONING

MR (M)

APN/PARCEL ID

880490-0615

ASK ABOUT THIS PROPERTY

Peter WrightCBREMore Info
206-852-6206

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Peter WrightCBREMore Info
206-852-6206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.