Listing courtesy of Westlake Associates, Inc..
Classic 1926 brick 6-unit apartment building in North Capitol Hill near Broadway & Roy. Unit mix includes two large studios and four one-bedroom units in one of Seattle’s most walkable, amenity-rich neighborhoods. Stabilized asset with strong in-place cash flow and a 5.11% cap rate, offering dependable income and long-term appreciation potential. Part of a distinctive group of four architect-designed buildings, the property retains original charm with coved ceilings, mahogany trim, and oak hardwood floors. Kitchens have been updated with modern appliances and finishes while preserving historic character. Efficient layouts feature full-depth, corner-style units with windows on three sides for abundant natural light and cross ventilation; one-bedrooms include separate dining rooms. Amenities include common laundry and individual storage lockers, supporting tenant convenience and long-term occupancy.
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