Property Details

403 E Thomas St

Seattle, WA 98102

$2,800,000

Available

CBA# 709365 courtesy of CBA Listing firm: Kidder Mathews

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Commercial

Property Type

9,828

Bldg Sq Ft

Units

4.00%

Cap Rate

1966

Year Built

Property Overview

Edgene Apartments presents a rare opportunity to acquire a well-maintained 9-unit multifamily property in one of Seattle’s most desirable rental markets. Built in 1966, this classic mid-century asset combines strong in-place income with meaningful upside potential in a premier Capitol Hill location.Boasting a Walker’s Paradise walk score of 95, the property offers easy access to Downtown Seattle and South Lake Union as well as to an abundance of neighborhood restaurants, retail, and everyday amenities. Public transportation options are outstanding, with a light rail station and seven bus lines within a 10-minute walk, providing seamless connectivity throughout Seattle and the greater metropolitan area. Residents benefit from quick, convenient transit to major employment centers, entertain