605 E Denny Way Seattle, WA $ 5,995,000
605 E Denny Way
$ 5,995,000
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605 E Denny Way

Seattle, WA, 98122
$ 5,995,000
Baths0.0 Sq 15,325

Monthly Estimate*

$ 39,845

Listed by Paragon Real Estate Advisors
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Studio

Multi-Family Home for sale in Seattle, WA

for $5,995,000. This 15,325 square foot home was built in 1927 on a lot size of 0.1193.

The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value. Seller financing available for a qualified buyer.

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Multi-Family Active

Price

$ 5,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 64,564

Style

10+ Units

Lot Size

0.1193

Year Built

1927

Town/City

Seattle

County/Region

King

MLS | Web ID

2178862

Features
General
Sewer Sewer Connected
Heating Radiator
Cooling None
Possession Closing
Roof Flat
Exterior Features Brick
HOA 0
Year Built 1927
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 296537
Insurance Expense 16500
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Capitol Hill
Special Listing Conditions None
Status Active
Directions From downtown Seattle head northwest toward Madison St. Take Cherry St I-5 N and Exit 166 to E Denny Way.
City Seattle
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 0
NumberOfUnitsTotal 30
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5196
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Denny
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 64564
Electric Expense 0
Fuel Expense 0
Public Remarks The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly care
Leasable Area 15325
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 30
Water Sewer Garbage 37081
Property Style 56 - 10+ Units
Cap Rate 4.95
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Interior
Total Fireplaces 0
Total Stories 5
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Way
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Total Parking 0
Building Area Total 15325
Lot Size Acres 0.1193
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Internal Only
OriginalMLSID NWM2178862
Street Number 1 605
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* Excluded Features
List By
Ryan Iles

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$45,225
Per Month
88%
12%
0%
Monthly Principal & Interest
$39,845
Monthly Property Taxes
$5,380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$5,995,000 -4.77% Price Down
11/9/2023$6,295,000 Listed Price

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605 E Denny Way, Seattle, WA, 98122 is a Multi-Family Home for sale at $5,995,000 with 15,325 sqft and a lot size of 0.1193. 605 E Denny Way is a studio with 0.0 baths and was built in 1927. The property's zip code is 98122 which is in Seattle, WA