1210 E Pine Street, Seattle, WA 98122

$1,999,950
2,785
SqFt

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Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,999,950
Status
ACTIVE
MLS#
2558358
Days on Market
0
Style
54 - 4-Plex
Building Condition
Fair
Finished SqFt
2,785
Area Total SqFt
2785
Annual Tax Ammount
14329
Internet Provider
Xfinity
Lot Size (sq ft)
2,880
Sewer
Sewer Connected

Property Description

Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8400 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

Additional Information

List Date
2026-07-28 00:13:12
Community
Capitol Hill
Net Operating Income
$68,926
Gross Adjusted Income
$97,776
Gross Scheduled Income
$100,800
Total Monthly Income
$8,400
Insurance Expenses
$3,600
Water/Sewer/Garbage Expenses
$5,392
Total Expenses
$23,321
Cap Rate
3.7
Vacancy Rate
3
Total Number of Units
4
Unit Name
1210
Potential Terms
Cash, Conventional, Owner Will Carry, See Remarks
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Gas Available
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$8,400
Gross Scheduled Income
$100,800
Vacancy Rate
3
Gross Adjusted Income
$97,776
Tax Year
2025
Insurance Expense
$3,600
W/S/G Expenses
$5,392
Total Expenses
$23,321
Net Operating Income
$68,926
Cap Rate
3.7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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