Listing courtesy of Opal Blue Real Estate, LLC.
Updated, well kept 8 unit apartment complex on the southside of Capitol Hill. This historic building has an effective year built of 1994 yet maintains its old world charm. The complex consists of (6) 1bd/1ba, 2 studios, an unrented bonus unit recently used as an owner's closet, a basement with two sets of w/d and 7 off-street parking spots. Several of the units are two stories high and many units have their own balcony or porch. Lots of updates to plumbing, sewer, electrical and foundation over the years. The units and the building are all in good shape. The large 7,200sf lot combined with a hedged front yard provide plenty of private, outdoor space. Offered at a 4.3% CAP. Raising rents to market and renting bonus room take it to 5.6% CAP.