11
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Listed by Nordic Real Estate
$2,195,000
Est. payment /mo
15 Beds
5 Baths
6,240 SqFt
Active
2123 E James ST Seattle, WA 98122
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $351
Subdivision Central Area
MLS Listing ID 2316642
Style 55 - 5-9 Units
Bedrooms 15
Year Built 1910
Annual Tax Amount $11,701
Lot Size 2,660 Sqft
Property Sub-Type Multi Family
Property Description
The Caroline is a newly renovated multi-family property well situated on Capitol Hill, just a half mile from Seattle University. Completely transformed in 2024, the building was stripped down to the studs and rebuilt with modern finishes, offering a fresh, high quality living experience. The five unit property boasts strong rental potential with a projected proforma cap rate of 5.97%, making it a prime investment opportunity in one of Seattle's most sought after neighborhoods. The Caroline is positioned in a high demand area, appealing to both investors seeking solid returns and tenants looking for modern, centrally located place to live.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Flat
Building
Lot Description Alley
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Bailey Gatzert
Middle Schools Wash Mid
High Schools Garfield High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.