535 Federal Avenue E Seattle WA 98102 MLS #NWM2294285

Unbeatable north Capitol Hill location! This corner lot, legal 4-plex offers 4 spacious 1-bed, 1-bath apartments. Units are in good shape, but dated. Plenty of upside to improve apartments for even better cashflow. Old World Charm, high ceilings, light & bright, great floor plans, gas heat & cooking. Mostly updated plumbing & electrical. Massive attic (more than 1,000 sq. ft.) with potential to finish. Close to EVERYTHING – A Walker’s Paradise! Walk to shops, Seattle U, Volunteer Park, Swedish, Seattle CC, QFC, Light Rail, shopping, restaurants, etc. Conveniently located between Broadway & 15th – close to the hustle & bustle yet still a quiet residential neighborhood. Low rents, tons of upside, BEST Cap Hill location. 5.5% Cap Rate.