$2,300,000

5 Beds 8 Baths 4,800 SQFT 0.13 Acres

Type: Multi-Family

2239 Yale Avenue E
Seattle, WA 98102

MLS#: 2586025

Presented by: Windermere Real Estate Midtown and NWMLS

Property Description

The Castle Apts is a well-maintained 7-unit, including a Penthouse apartment with a nearly 1,000 SF deck, located in the heart of the Eastlake neighborhood. Great unit mix consisting of 3 studios, 3 one bedrooms & one 2 bd/1.5 bath Penthouse with panoramic views of the Seattle Skyline, Space Needle, Gas Works Park & Lake Union. Copper plumbing, updated kitchens & bathrooms in 5 of the units, and new electrical panels throughout. Tenants enjoy off-street parking, mature landscaping with separate outdoor spaces, large laundry room on-site with coin-op W/D and additional storage for all units. Low turn over and high rental demand neighborhood due to its close proximity to mass transit, the South Lake Union tech hub, University of Washington & downtown Seattle. Incredible opportunity for an owner-occupant to live in one unit and collect rent from the other units to offset the mortgage payment. Long-term tenants with below market rents unaware of sale. Please do not disturb tenants.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes

Fireplace Y/NNo

FlooringConcrete, Laminate, Vinyl Plank, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories3

General

AmenitiesCoin Op Laundry, Storage, Thermal Windows

Building Area Units0 sqft

Building NameGreenes Add

Cap Rate4

Carport Spaces0

Carport Y/NNo

CitySeattle

CoolingNone, Window Unit(s)

CountyKing

DirectionsNavigation is correct.

Electric Expense0

Elementary SchoolMontlake

Energy EfficientThermal Windows

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingBaseboard

High SchoolGarfield High

High School DistrictSeattle

Insurance Expense8801

Leasable Area4,800 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet5,500 sqft

Lot Size UnitsSquare Feet

MLS Area390 - Central Seattle

Middle/Junior High SchoolMeany Mid

NWM_ShowMapLinkY

Net Operating Income91637

New ConstructionNo

Number Of Units Total7

PossessionSubject To Tenant Rights

Possible UseMulti-Family, Residential, See Remarks

Property Style55 - 5-9 Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksThe Castle Apts is a well-maintained 7-unit, including a Penthouse apartment with a nearly 1, 000 SF deck, located in the heart of the Eastlake neighborhood. Great unit mix consisting of 3 studios, 3 one

RoofFlat

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameEastlake

Tax Annual Amount$17,964

Tax Year2026

Units Below Gradefalse

Units In Building Total7

ViewCity, Lake, Mountains

Water CompanySeattle Public Utilties

Water Sewer Garbage11151

Year Built1962

Zoning DescriptionMulti-Family, Residential, See Remarks

Exterior

Building Area Total4,800 sqft

Covered Spaces0

Exterior AmenitiesCement/Concrete

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot Dimensions50 x 110

Lot FeaturesAlley, Curbs, Paved, Sidewalk

Lot Number7

Lot Size Acres0.1263

Parking Uncovered Total7

Site FeaturesDeck, Fenced-Partially, High Speed Internet, Patio, Rooftop Deck

Total Parking7

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Montlake Elementary School

High School Garfield High

Middle School Meany Mid

Similar Properties

$2,300,000

5 Beds 8 Baths 4,800 SQFT 0.13 Acres

Type: Multi-Family

2239 Yale Avenue E
Seattle, WA 98102

MLS#: 2586025

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Property

$2,300,000

2239 Yale Avenue ESeattle, WA 98102

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,300,000

2239 Yale Avenue ESeattle, WA 98102

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2239 Yale Avenue E
Seattle, WA 98102

2239 Yale Avenue E
Seattle, WA 98102