North Capitol Hill Fourplex: $1,460,000

The Belmont Fourplex is centrally located in Capitol Hill just 1.5 miles away from the Downtown Seattle CBD and blocks from South Lake Union (less than a 15-minute walk). This is a key location for professionals, specifically those working at Amazon.com. Due to the property’s transit-connected neighborhood and proximity to area amenities, residents benefit from the opportunity to live a car-free lifestyle. Improvements have been made to multiple units and the large 2-bedroom apartment provides a chef’s kitchen, large deck, and garage amenities that are appealing to owner-occupants as well as to investors. Additionally, the Belmont Fourplex offers immediate rental upside, as current rents are below market. There is also the opportunity to redevelop the property now or in the future into ±20 micro units.

For more information, call Dan Swanson of Kidder Mathews at 206-296-9610 or Donna Marshall of Capstone Real Estate Group at 425-422-0954.