List Search

525 E Roy St
Seattle, WA 98102 Capitol Hill

$3,195,000 USD

Apartments For Sale  •  7,525 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,525 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 5.36 %
  • Zoning LR3 (M)
80 Transit Score
100 Walk Score

Highlights

Excellent corner-lot Capitol Hill location - blocks to the Harvard-Belmont Landmark District, and walking distance to Downtown, SLU, parks, and retail
Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM
Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, light rail, and buses
Upside potential - likely opportunity to raise rents to market levels and increase charges for parking /utility bill-backs to achieve a 5.8% cap rate
Parking spaces for 6 vehicles
Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684

Property Flyers

Financial Summary (Actual)

Net Operating Income: $171,371 USD (2026)
Cap Rate: 5.36 %
Total Expenses: $92,435 USD

Amenities

  • Controlled Access
  • Laundry Facilities
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 7 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Capitol Hill (Lynnwood - Angle Lake - Sound Transit) 2 min 10 min 0.6 mi
Broadway And Denny (First Hill Streetcar - City of Seattle) 2 min 12 min 0.6 mi
Fairview & Campus Drive (South Lake Union Streetcar - Seattle Streetcar) 4 min 17 min 0.9 mi
Lake Union Park (South Lake Union Streetcar - Seattle Streetcar) 4 min 20 min 1.1 mi
Terry & Mercer (South Lake Union Streetcar - Seattle Streetcar) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Seattle-Tacoma International 25 min - 15.7 mi
Seattle Paine Field International 34 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Dan Swanson 425-444-6501 Kidder Mathews
Dan Swanson 425-444-6501 Kidder Mathews