Property Details

1718 Summit Ave

Seattle, WA 98122

$1,699,000

Available

CBA# 704649 courtesy of CBA Listing firm: COMPASS

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Commercial

Property Type

4,785

Bldg Sq Ft

Units

1961

Year Built

Property Overview

11 Units – Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 – 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.