Price Reduction - Waterfront
Listed By:
Lee & Associates Commercial RE and NWMLS
Address
901 6th Avenue, Seattle, WA
Price
$ 11,995,000
Property Attributes
  • ID#1950393
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBelltown-Downtn
  • NeighborhoodDowntown
  • Zip98199
  • Style10+ Units
  • Year Built1907
  • Taxes$ 107251
  • Price$ 11,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage41452
  • Lot Size7,200 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

The Dover, a 60-unit apt w/ 1 NC unit positioned at the cusp of First Hill & Seattle’s Core. Within walking dist to the Waterfront, Central Library & Medical Center. Constructed in 1907, the Dover consist of 27 studios, 17 1-bedrooms & 16 2-bedrooms, 9 of which feat a bonus room. Most units feat restored hardwood floors, granite counters & bay windows, updated cabinetry, gas appliances & tile flooring in kitchens & bath areas. The building received extensive seismic work, dbl pane vinyl windows, PEX plumbing, elec. The Dover provides an opportunity to participate in upside potential through inc rents, & managerial efficiencies. Addl upside may be realized through value-add renovations embellishing the building’s turn of the century charm

Price History
6/18/2022 Listed $13,000,000
8/24/2022 4% - $12,500,000
9/19/2022 5% - $11,995,000

General Features

Amenities Basement, Coin Op Laundry, Elevator, Fire Sprinklers, Thermal Windows
Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions Exit I-5 and head west. Turn left on 5th Ave and again on 6th Ave and you will arrive.
Energy Efficient Thermal Windows
Exterior Features Brick
Finance Cash Out, Conventional
High School District Seattle
Insurance Expense 16439
Interior Features Ceramic Tile, Hardwood
Leasable Area 26821
Lot Size Square Feet 7200
MLS Area 701 - Belltown/Downtn
Net Operating Income 575782
New Construction No
Possession Closing
Possible Use Multi-Family
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Flat
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 6th
Structure Type Multi Family
Subdivision Name Downtown
Tax Annual Amount 107251
Tax Year 2022
Total Units 60
Units Below Grade false
Units In Building Total 60
Utilities Sewer Connected, Electricity Available, Natural Gas Connected
View Y/N No
Virtual Tour http://www.lee-associates.com/northwest/properties/?propertyId=943322-sale&address=901-6th-Ave&officeId=2085
Water Sewer Garbage 66869
Waterfront Y/N No
Year Built 1907
Zoning Class Multi-Family

Interior Features

Fireplace Y/N No
Flooring Ceramic Tile, Hardwood
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric, Natural Gas
Street Suffix Avenue
Total Stories 6

Exterior Features

Building Area Total 41452
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.1653
Lot Size Units Square Feet
Open Parking Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98199

Price
AVG $5.5M
$12M
Taxes
AVG $52,759
$107,251
Visits
AVG 40
33
Year Built
AVG 1962
1907
Walkscore
AVG 72
99
Data Provided by Walkscore ® not using MLS data

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