1401 S Holgate ST, Seattle, WA 98144
1401 S Holgate ST, Seattle, WA 98144
1401 S Holgate ST, Seattle, WA 98144
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by:Urban Commercial Partners, LLC • Tyler J. Bretz
$4,500,000
Est. payment /mo
16 Beds
17 Baths
8,580 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,580 sqft

Price per Sqft $524

Subdivision Beacon Hill

MLS Listing ID 2440780

Style 56 - 10+ Units

Bedrooms 16

Year Built 1957

Annual Tax Amount $29,210

Lot Size 6,606 Sqft

Property Sub-Type Multi Family

Property Description

Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle's vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area's market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Brick, Wood

View Y/N Yes

View Mountain(s), Territorial

Roof Type Flat

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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Josh Barnard

Josh Barnard

+1(253) 677-5765

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