Active
  • Listed by: 

    Tyler J. Bretz,

    Urban Commercial Partners, LLC,

    Jason Elrod,

    Urban Commercial Partners, LLC

    $4,700,000

    1401 S Holgate Street, Seattle, WA 98144

    16beds
    17baths
    8,580sqft
    : 
    Multi Family
    Built in 1957
    -- sqft lot
    $1,013,900 Zestimate®
    $548/sqft
    $-- HOA

    What's special

    Functional layouts
    Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
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