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About the Listing 4778 - 102039,96601
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.
Listing Highlights for 1401 S Holgate St
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
2440780
Year Built
1957
Total Square Footage
9,450
Lot/Acreage
0.15
Interior Details
- Bedrooms: 16
- Bathrooms: 17 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Seattle Public Utilities
Exterior Details
- Lot Description: Corner Lot,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: Multi-Family
- Roof: Flat
- Others: Brick,Wood,Good
- Sewer: SPU
Financial Details
- Tax Amount: $29,210
- Taxes w/Assessments: N/A
- Tax/Property ID: 0605500000
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1401 S Holgate St Seattle, WA 98144
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