MLS #2440780 / Listing provided by NWMLS & Urban Commercial Partners, LLC.
$4,700,000
1401 S Holgate Street
Seattle,
WA
98144
Sq Ft
Per Sq Ft
Year Built
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Flat
- Exterior Features: Brick, Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Corner Lot
- Acres: 0.1517
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Lot Features: Corner Lot
- Acres: 0.1517
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Seattle City Light
Water, Sewer, and Garbage
- Sewer Company: SPU
- Sewer: Sewer Connected
- Water Company: Seattle Public Utilities
- Water Source: Public
- Water, Sewer, and Garbage: 18035
John Cohen
Broker | REALTOR®
Send John Cohen an email