Convenient Capitol Hill location; a Walker’s Paradise walk score of 95
7.0% market cap rate is likely with little renovation required
Walkable to Downtown, South Lake Union, restaurants, light rail, and shops
Excellent unit mix 4 two-beds, 4 one-beds, and a studio
Owner occupant opportunity: Large ±1,200-SF view penthouse unit with 2 bedrooms plus a den and one-and-a-half bathrooms
Downtown and Space Needle views from upper floors
9 off-street and 2 garage parking spaces
Updated dual-pane windows, in-unit laundry and dishwashers in all units other than the studio, elevator
Well maintained property
Rent upside – parking & utility bill-back
Alternate exit strategy & upside of easy condo conversion: Condo documents already in place with 12 parcels (1 for land, 2 for parking, and 9 for units)