1052 E Thomas Street, Seattle, WA 98102

$6,250,000
16,744
SqFt

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Listing Broker: Paragon Real Estate Advisors; Cathy Jeney; ; Selling Office: CFRE Commercial Real Estate.

Sold Price
$6,250,000
List Price
$6,500,000
Status
SOLD
MLS#
2423442
Closing Date
Dec 09, 2025
Days on Market
187
Style
56 - 10+ Units
Finished SqFt
16,744
Area Total SqFt
16744
Annual Tax Ammount
56430
Lot Size (sq ft)
8,227
Sewer
Sewer Connected

Property Description

Well located 29 unit building with period charm intact! The Dublin offers a well-balanced mix of studio and one-bedroom units. Many of the studios feature an alcove, often used as a sleeping area, leading some to refer to them as “junior one-bedrooms.” All units are spacious and inviting, boasting tall ceilings, beautiful original hardwood floors, charming period details, and abundant natural light. The building features a secure entry and a common laundry room with designated storage bins for each unit. Building has been meticulously maintained, with significant upgrades which include unit updates on turnover, updated electrical and plumbing, a recently replaced TPO membrane roof, and double-pane vinyl windows. Building is wood framed.

Additional Information

List Date
2025-06-05 00:00:00
Community
Capitol Hill
Net Operating Income
$361,471
Gross Adjusted Income
$561,279
Gross Scheduled Income
$590,820
Total Monthly Income
$49,235
Insurance Expenses
$15,836
Water/Sewer/Garbage Expenses
$38,929
Gross Rent Multiplier
11
Total Expenses
$199,808
Cap Rate
5.5600000000000005
Vacancy Rate
5
Total Number of Units
29
Unit Name
1052
Potential Terms
Cash Out, Conventional
Year Built
1909
Roof
Flat
Other Expenses
88613
Energy Source
Natural Gas
School District
Seattle
Total Monthly Income
$49,235
Gross Scheduled Income
$590,820
Vacancy Rate
5
Gross Adjusted Income
$561,279
Tax Year
2025
Insurance Expense
$15,836
W/S/G Expenses
$38,929
Total Expenses
$199,808
Net Operating Income
$361,471
Gross Rent Multiplier
11
Cap Rate
5.5600000000000005
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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