$4,700,000

2350 Beacon Avenue S, Seattle, WA 98144

Multi-Family Home
Built in 1958
10,415sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

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

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

Listing Status:: Active
Listing Office:: Urban Commercial Partners, LLC : 206-325-9333
Listing Agent:: Tyler J. Bretz : 206-325-9333
MLS ID:: 2440960

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

General: BrickWood
Parking: Parking spaces: 6

Roofing: Torch Down
General: 56 - 10+ UnitsPoured Concrete

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

Zoning: 5393600403
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

0.20 miles away

Interagency Programs

2445 3rd Ave S, Seattle, WA, 98134

Grades 6-12

0.72 miles away

Seattle Skills Center

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

Grades 9-12

0.70 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.