2600

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2600

Seattle, WA 98121
Asking Price
$545K
Asset Type
Multifamily
Class
Class B

What's Special

Located at 2600 in Seattle, Washington, this multifamily asset is situated in a central urban corridor defined by a mix of historic character and modern development. The property provides residents with immediate access to diverse dining options, retail centers, and essential services within walking distance. Transportation infrastructure is robust, featuring proximity to major arterial roads and multiple king county metro bus lines that connect the neighborhood to the downtown employment hub and surrounding regional districts. The property is suited for investors seeking a core-plus or value-add multifamily opportunity in a high-demand rental market. Given the neighborhood's connectivity, the typical tenant profile consists of urban professionals and students prioritizing proximity to Seattle’s primary business and academic centers. The building’s configuration supports long-term residential use, catering to a demographic that values walkability and efficient transit access within an established residential pocket of the city.

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NOI
$80,000
Cap Rate
14.68%
DSCR
2.47
Strong
Cash-on-Cash
29.14%
Monthly Payment
$2,696.363
Annual Cash Flow
$47,643.648

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