This Multifamily Property is no longer advertised on LoopNet.com.

100 E Boston St
Seattle, WA 98102
Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 7,140 SF
Average Occupancy 92%
No. Stories 3
Year Built 1957
Parking Ratio 0.98/1,000 SF
Zoning L-3, Seattle

Amenities

Unit Amenities

  • Balcony
  • Hardwood Floors

Site Amenities

  • Laundry Service

About 100 E BOSTON ST , SEATTLE, WA 98102

Just two miles north of Downtown, the Boston Apartments is a 12 unit building located in the charming Eastlake Neighborhood. Last offered for sale ten years ago, the Boston Apartments is well positioned to capture residents looking for a relatively affordable apartment in one of Seattle’s highly desired neighborhoods. With average sub-market rents reaching $2,500 and an overall sub-market vacancy for this product around 5%, the twelve one bedroom units at the Boston Apartments are ideal for residents who have been priced out of newer and larger units in the neighborhood. Most of the apartments have hardwood floors and updated bathrooms; some even have views and patio areas. Off street parking, storage and coin-operated laundry are also available. This building has strong long term hold fundamentals for investors looking to own in one of Seattle’s most stable rental markets. Whether considered as a portfolio addition or a first time purchase, this building benefits from everything Eastlake has to offer. Proximity to Voxx Coffee, Starbucks, Eastlake Market, Pete’s Market and Wine Shop, Serafina Restaurant, The Zoo Tavern, and so many more contribute to this location’s walk score of 83/100. Not to mention Lake Union is just a few blocks away, the neighborhood is very bikeable with good public transit options.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,445 595 - 700

Property Taxes

Property Taxes

Parcel Number
290220-0565
Land Assessment
$1,947,000
Improvements Assessment
$847,000
Total Assessment
$2,794,000
  • Listing ID: 16473463

  • Date on Market: 6/28/2019

  • Last Updated:

  • Address: 100 E Boston St, Seattle, WA 98102

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