$2,500,000
For Sale

2123 E James Street

Seattle, WA 98122
6240 sqft | 0.06 acres | #2316642
Listing OfficeNordic Real Estate
Browse 11 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 cat rate of 5.7%, 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 asset.

  • Property Details
      • InteriorLaminate Hardwood
      • Date ListedDecember 12, 2024
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • Elementary SchoolBailey Gatzert
      • High SchoolGarfield High
      • Property TypeMulti-Family
      • SubdivisionCentral Area
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$2,500,000
      • Property ConditionRemodeled
      • Middle SchoolWash Mid
      • School DistrictSeattle
      • Taxes Annual$11,701
      • MLS #2316642
      • Cost2500000
      • MLS #2316642
      • Acres0.0611
      • Utility SourcePublic
      • Lot DescriptionAlley
      • Exterior MaterialsWood
      • Square Feet6240
      • Year Built1910
      • CountyKing
      • Stories2
      • Days on Market (Cumulative)7
Real Property Associates, Inc.
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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