2123 E James Street Seattle WA 98122 MLS #NWM2316642

Listing Provided Courtesy of Nordic Real Estate
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

Price:
$2,350,000
MLS #:
NWM2316642
Status:
Active
Beds:
0
Baths:
0
Address:
2123 E James Street
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Central Area
Neighborhood:
390 – Central Seattle
City:
Seattle
Listed Date:
Dec 12, 2024
State:
WA
Finished Sq Ft:
6,240
Total Sq Ft:
6,240
ZIP:
98122
Lot Size:
2,660 sqft / 0.06 acres (approx)
Year Built:
1910
Units:
5

Schools

School District:
Seattle
Elementary School:
Bailey Gatzert
Middle School:
Wash Mid
High School:
Garfield High

Interior

Cooling
None
Flooring
Laminate
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Roof
Flat

Financial

Net Operating Income
$142,380
Tax Year
2023
Taxes
$11,701

Map

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2123 E James Street
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