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Listed by Kidder Mathews
$ 1,200,000
Est. payment | /mo
10 Beds
10 Baths
4,240 SqFt
$ 1,200,000
Est. payment | /mo
10 Beds
10 Baths
4,240 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,240 sqft
Price per Sqft $283
Subdivision Capitol Hill
MLS Listing ID 2343990
Style 56 - 10+ Units
Bedrooms 10
Year Built 1908
Annual Tax Amount $8,534
Lot Size 5,000 Sqft
Lot Dimensions 5000
Property Sub-Type Multi Family
Property Description
Charbern Inn is a well-maintained 10-unit rooming house with historic charm and rental upside. It also offers covered land play potential on a 5,000 SF lot, adding to its long-term investment appeal. Meticulously preserved, the property retains its classic character. With strategic management, it can be stabilized at an 8% cap rate, making it a rare opportunity to invest in both charm and strong financial returns.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Hardwood
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Sewer Available
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Kathy Schneider
Client Consultant REALTOR® | Lic# 37041