The Caroline is a newly renovated multi-family property well situated on Capitol Hill, just a half mile from Seattle University. Completely transformed in 2024, the building was stripped down to the studs and rebuilt with modern finishes, offering a fresh, high quality living experience. The five unit property boasts strong rental potential with a projected proforma cap rate of 5.97%, making it a prime investment opportunity in one of Seattle's most sought after neighborhoods. The Caroline is positioned in a high demand area, appealing to both investors seeking solid returns and tenants looking for modern, centrally located place to live.
Listing Provided Courtesy of Carter Custer, Nordic Real Estate
General Information
NWM2316642
Multi Family
143
DOM
2661.52 SqFt
6240
1910
Multi-F
King
Bailey Gatzert
Wash Mid
Garfield High
Residential Incom
Multi Family
Listing Provided Courtesy of Carter Custer, Nordic Real Estate
Krishna Realty data last checked: Jun 22, 2025 14:40 | Listing last modified May 12, 2025 16:06,
Source:
The Caroline is a newly renovated multi-family property well situated on Capitol Hill, just a half mile from Seattle University. Completely transformed in 2024, the building was stripped down to the studs and rebuilt with modern finishes, offering a fresh, high quality living experience. The five unit property boasts strong rental potential with a projected proforma cap rate of 5.97%, making it a prime investment opportunity in one of Seattle's most sought after neighborhoods. The Caroline is positioned in a high demand area, appealing to both investors seeking solid returns and tenants looking for modern, centrally located place to live.
