Bought with Sound Asset Partners LLC
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605 E Denny WAY Seattle, WA 98122
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Key Details
Sold Price $3,900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,325 sqft
Price per Sqft $254
Subdivision Capitol Hill
MLS Listing ID 2429318
Sold Date 01/16/26
Style 56 - 10+ Units
Bedrooms 7
Year Built 1927
Annual Tax Amount $47,500
Lot Size 5,196 Sqft
Property Sub-Type Multi Family
Property Description
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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