Properties Sold

S Grand St Triplex
$850,000

S Grand St Triplex
1610 S Grand St, Seattle, WA
3-Unit

The Beacon Hill triplex is located at the end of a lower density apartment building zone with like-kind triplex and four-unit structures.  Built in 1999, the property consists of two 3Bedroom/1Bath units (1,000 SqFt) and one 1Bedroom/1Bath unit (800SqFt).  The larger units have spacious layouts, washer and dryer and are currently vacant; giving a new owner quick access to begin renovations and establish rents at the market rate.

The property is near major transit, it has a compact and efficient layout for a highly demanded unit mix and has a ton of upside after cosmetic updates.  If market rents are achieved, the property would be operating at a 6.60% cap on cost.

 

Listing Agents

Aaron Locke
P: 206.774.5436
E: Email Aaron

Ethan Szmania
P: 206.774.5419
E: Email Ethan

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