About 605 E Denny Way
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
Features of 605 E Denny Way
| MLS® # | 2429318 |
|---|---|
| Price | $4,650,000 |
| Price Per SqFt | $303 |
| Bathrooms | 0.00 |
| Square Footage | 15,325 |
| Acres | 0.12 |
| Year Built | 1927 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 605 E Denny Way |
|---|---|
| Area | 390 - Central Seattle |
| Subdivision | Capitol Hill |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98122 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|---|
| # of Stories | 5 |
Exterior
| Exterior Features | Brick |
|---|
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 29 |
|---|---|
| Cumulative Days on Market | 29 |
| Days on Website | 51 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Paragon Real Estate Advisors |
|---|