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Listed by:Lumin Brokers of Washington • Rich Kim
$2,499,900
Est. payment /mo
18 Beds
12 Baths
9,300 SqFt
New
2201 S Main ST Seattle, WA 98144
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $268
Subdivision Central Area
MLS Listing ID 2567938
Style 56 - 10+ Units
Bedrooms 18
Year Built 1967
Annual Tax Amount $37,271
Lot Size 8,000 Sqft
Property Sub-Type Multi Family
Property Description
Well positioned between Downtown Seattle and Lake Washington, Hill Town Apartments boasts a “Walker's Paradise” Walk Score of 94, placing residents steps from the Central District's restaurants, coffee shops, parks, and entertainment. The 12-unit community is evenly split between one- and two-bedroom homes, averaging 733 square feet, with every unit featuring a private deck and spacious layout. On-site parking totals 12 spaces, of which 6 are covered and 6 is off-street. The property has been well-maintained with updated electrical panels and dual-pane windows throughout. Select units feature upgraded flooring, bathrooms, and kitchens, reducing near-term capex exposure for a new owner. In-place rents average $2.24/SF, offering likely upside as unit renovations continue and turnover allows repositioning toward market rates. Offered at just over $208,000 per unit and $284 per square foot, Hill Town Apartments presents an opportunity to acquire a well-located, value-add asset in one of Seattle's most connected in-city neighborhoods.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Brick, Stucco
Amenities Available Cable TV, Deck, High Speed Internet
View Y/N Yes
View City, Territorial
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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