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LCR
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
- 166
- 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
Assumable Loan at 3.25% | 4-Unit Investment Opportunity | Owner-Occupant / House Hack Potential | Beacon Hill Views | Take advantage of a low 3.25% assumable VA loan on this North Beacon Hill fourplex with sweeping Sound, city, and mountain views. This classic 1900-built property offers character, flexibility, and income potential for investors and future owner-occupants. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, and 1-bedroom garden unit, plus a non-conforming caretaker unit. Explore the opportunity to live in one unit while maintaining rental income from the others, subject to existing leases. The penthouse also benefits from solar offset for electricity. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A compelling opportunity for house hacking, multigenerational living, or long-term investment. Loan assumption subject to lender approval and seller agreement regarding VA entitlement.
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Additional Information
- List Date
- 2026-05-01 11:43:11
- 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.