Urban Commercial Partners, LLC
About 1401 S Holgate Street
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.
Features of 1401 S Holgate Street
| MLS® # | 2440780 |
|---|---|
| Price | $4,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,580 |
| Acres | 0.15 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1401 S Holgate Street |
|---|---|
| Area | 385 - SODO/Beacon Hill |
| Subdivision | Beacon Hill |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98144 |
Amenities
| View | Mountain(s), Territorial |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit(s) |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior Features | Brick, Wood |
|---|---|
| Lot Description | Corner Lot |
| Foundation | Poured Concrete |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 23 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Urban Commercial Partners, LLC |
|---|