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Listing Office: Realogics Sotheby's Int'l Rlty.

1422 Boylston Ave, Seattle, WA

$10,500,000 - .18 Acres 6 DOM

The Montage Condominiums located in one of Seattle's most desirable neighborhoods, the bustling Pike/Pine corridor in Capitol Hill. Own 23 legal condominiums currently operated as an apartment building. Increasing rents just $100 per unit, implementing market rate charges for parking income & recapturing utility expenses generates a market cap rate of roughly 4.57%. Total est. market value of these sellable units are about 28% higher than the current offering price. 1:1 parking & storage ratio.

Listing Status: Active

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Essential Information

  • MLS® # 1470592
  • Price $10,500,000
  • Bathrooms 0.00
  • Acres 0.18
  • Year Built 2007
  • Type Multi Family
  • Sub-Type 56 - 6-9 Units
  • Status Active

Community Information

  • Address 1422 Boylston Ave
  • Area Central Seattle
  • Subdivision Capitol Hill
  • City Seattle
  • County King
  • State WA
  • Zip Code 98122

Amenities

  • View City, Mountain, Territorial

Interior

  • Heating Baseboard, Forced Air

Exterior

  • Roof Flat

Exterior

Cement/Concrete, Metal/Vinyl, Wood Products

Lot Description

Alley, Curbs, Paved Street, Sidewalk

School Information

  • District Seattle

Additional Information

  • Days on Market 6
  • Cumulative Days on Market 6

Listing Details

  • Listing Office: Realogics Sotheby's Int'l Rlty

All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2019. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by The Cascade Team Real Estate and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on June 16th, 2019 at 7:55pm PDT.