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1745 12th Avenue S Unit #1 - 4, Seattle, WA 98144
- $1,698,750
- 4,589
- SqFt
Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
- List Price
- $1,698,750
- Status
- ACTIVE
- MLS#
- 2516840
- Price Change
- ▼ $50,750 1791996313
- Days on Market
- 171
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,589
- Area Total SqFt
- 4589
- Annual Tax Ammount
- 11766
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
3.25% Assumable VA Loan | North Beacon Hill Fourplex | Sweeping Sound, city and mountain views distinguish this classic 1900 property. Versatile unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio and 1-bedroom garden unit, plus a non-conforming caretaker apartment. Seller-reported gross income totals $114,000 annually, including pet rent, utility reimbursements and caretaker rent, before operating expenses and debt service. The penthouse benefits from solar offset for electricity. Located on a quiet street near light rail, Downtown Seattle, SODO and major commuter routes. A compelling investment with future owner-occupant or house-hack potential, subject to existing leases. Financial and loan details available. Income and loan figures subject to verification. Loan assumption subject to lender approval and seller agreement regarding VA entitlement.
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Additional Information
- List Date
- 2026-05-01 13:58:11
- Community
- N Beacon Hill
- Net Operating Income
- $89,728
- Gross Adjusted Income
- $110,894
- Gross Scheduled Income
- $114,324
- Total Monthly Income
- $8,675
- Insurance Expenses
- $2,400
- Gross Rent Multiplier
- 14.86
- Total Expenses
- $21,166
- Cap Rate
- 5.28
- Vacancy Rate
- 3
- Total Number of Units
- 5
- Unit Name
- 1745
- Potential Terms
- Assumable, Cash, Conventional, VA Loan
- Year Built
- 1900
- View
- Bay, City, Mountains, See Remarks, Sound, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 7000
- Energy Source
- Electric, Oil
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,675
- Gross Scheduled Income
- $114,324
- Vacancy Rate
- 3
- Gross Adjusted Income
- $110,894
- Tax Year
- 2025
- Insurance Expense
- $2,400
- Total Expenses
- $21,166
- Net Operating Income
- $89,728
- Gross Rent Multiplier
- 14.86
- Cap Rate
- 5.28
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.