$4,700,000

1401 S Holgate Street, Seattle, WA 98144

Multi-Family Home
Built in 1957
6,608sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

This listing courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC

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.

Listing Status:: Active
Listing Office:: Urban Commercial Partners, LLC : 206-325-9333
Listing Agent:: Tyler J. Bretz : 206-325-9333
MLS ID:: 2440780

Flooring: Laminate
A/C: None
Heating: Wall Unit(s)
Fireplace: Fireplaces: 0

General: BrickWood
Parking: Parking spaces: 0

Roofing: Flat
General: 56 - 10+ UnitsPoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Seattle
County: King

Zoning: 0605500000
View: Mountain(s)TerritorialView

Water: Public
Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Beacon Hill International Elementary School

2025 14th Ave S, Seattle, WA, 98144

Grades KG-5

0.10 miles away

Interagency Programs

2445 3rd Ave S, Seattle, WA, 98134

Grades 6-12

0.86 miles away

Seattle Skills Center

2445 3rd Ave S MS 31-6, Seattle, WA, 98134

Grades 9-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.