Water Views
Listing Provided Courtesy Of:
Kidder Mathews and NWMLS
Address
2600 1st Avenue Seattle, WA
Price
$ 7,200,000
Property Attributes
  • ID#1772111
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBelltown-Downtn
  • NeighborhoodBelltown
  • Zip98121
  • Style10+ Units
  • Year Built1903
  • Taxes$ 54754
  • Price$ 7,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage26640
  • Lot Size6,660 SqFt
Listing Provided Courtesy Of:
Kidder Mathews and NWMLS
Data Source:
NWMLS
Property Description

1st opened as a 25 bed hospital/nursing school, the property converted to apartments in 1919, and in 1976, the exterior of the building was designated a city landmark. Today, the building has 41 SRO apts averaging 174 SF, a 1-bed/1bath of 369 SF, 2 restaurant/commercial spaces, and a manager's space which contains plumbing/necessary utilities to convert to an additional SRO. Basement storage is only partially occupied by 1 of the commercial tenants. The SRO units have refrigerators and gas stoves, and SRO tenants share 10 common bathrooms with 6 showers & 8 toilets. Residents have access to a common laundry area in the basement, which also includes 2 large unused storage rooms/shops for owner or potentially retail or residential use.

Elementary School Middle School High School
Lowell Elementary School Meany Mid Garfield High
Price History
5/11/2021 Listed $7,200,000

General Features

Amenities Basement, Coin Op Laundry, Storage
Buildingareaunits Square Feet
Carport Y/N No
City Seattle
Co-Listing Agent Collin Hagstrom
County King
Directions From Denny Way and 1st Avenue, head southeast on 1st Avenue. Subject is on the left at the corner of 1st Avenue and Vine Street.
Elementary School Lowell
Exterior Features Stucco
Flooring Vinyl Plank, Carpet
High School Garfield High
High School District Seattle
Insuranceexpense 15067
Leasable Area 15201
Listing Agent Name Dan Swanson
MLS Area 701 - Belltown/Downtn
Middle/Junior High School Meany Mid
Netoperatingincome 472558
New Construction No
Nwm Watersewergarbage 62508
Nwm Zoningclass Business, Commercial, Multi-Family, Office, Retail
Possession Closing
Possible Use Business, Commercial, Multi-Family, Office, Retail
Property SubType Multi-Family
Property Type Residential Income
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 1st
Structure Type Multi Family
Subdivision Name Belltown
Tax Annual Amount 54754
Tax Year 2021
Terms Cash Out, Conventional
Total Units 4
Units Below Grade false
Units In Building Total 46
Utilities Sewer Connected, Electricity Available, Natural Gas Connected
View Bay, City, Partial, Sound
Year Built 1903

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Livingareaunits Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Avenue
Total Stories 3

Exterior Features

Building Area Total 26640
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Alley, Corner Lot, Curbs, Paved, Sidewalk
Lot Size Acres 0.1529
Lot Size Square Feet 6660
Lot Size Units Square Feet
Open Parking Y/N No
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98121

Price
AVG $7.2M
$7.2M
Taxes
AVG $54,754
$54,754
Visits
AVG 39
41
Year Built
AVG 1903
1903
Walkscore
AVG 98
98
Data Provided by Walkscore ® not using MLS data

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