2123 E James ST Active

Seattle,WA 98122

$ 2500000

15 Beds

5 Baths

6240 SqFt


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 $400

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 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.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Laminate

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

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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