MLS #2458090 / Listing provided by NWMLS & Kidder Mathews.
$5,490,000
509 19th Avenue E
Seattle,
WA
98112
Sq Ft
Per Sq Ft
Year Built
Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle’s top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city’s most coveted neighborhoods.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 27
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 17
- Uncovered Parking Spaces: 17
- Open Parking Spaces: 17
Structure
- Roof: Torch Down
- Exterior Features: Wood
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.3857
Schools
- High School District: Seattle
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.3857
Power
- Energy Source: Electric
- Power Company: Seattle Light
Water, Sewer, and Garbage
- Sewer Company: SPU
- Sewer: Sewer Connected
- Water Company: SPU
- Water, Sewer, and Garbage: 11041
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