Log In/Sign Up
1000 1st Ave W
Seattle, WA 98119
Century Terrace · Multifamily Property For Sale
·
26 Units
Investment Highlights
- An exciting investment opportunity in a rapidly growing Seattle submarket with significant upside potential through strategic renovations
- All units have a varied combination of new flooring, fresh paint, hard-surface countertops, and upgraded cabinets
- Building amenities include elevator service, private patios, new laundries, and expansive MCM lobby
- Built in 1960 and is a 26-unit property in Seattle’s prestigious Queen Anne neighborhood with a mix of studio, one-, and two-bed units
- Additional capital expenditures by current ownership include full repair and partial replacement of roof
- Numerous employers within biking distance: Amazon, Apple, Google, Gates Foundation; Met Market, and Safeway within a seven-minute walk
Property Facts
| No. Units | 26 | Building Size | 16,885 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | LR3 (M) | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 16,885 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 1960 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | LR3 (M) |
Amenities
Site Amenities
- Laundry Facilities
- Security System
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 420 |
| 1+1 | 16 | - | 571 |
| 2+1 | 8 | - | 864 |
Property Taxes
| Parcel Number | 387990-0375 | Improvements Assessment | $2,909,800 |
| Land Assessment | $3,082,200 | Total Assessment | $5,992,000 |
Property Taxes
Parcel Number
387990-0375
Land Assessment
$3,082,200
Improvements Assessment
$2,909,800
Total Assessment
$5,992,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
