1008 East Republican Street
1008 East Republican Street
Seattle, WA 98102
$1,250,000
Price
4
Beds
3
Baths
2,880 Sq. Ft.
$434 / Sq. Ft.
2,880
Sq. Ft.
$434
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate M2 LLC
Description
Investment opportunity! Capitol Hill triplex with a 1 car garage on a 3000 sq ft. lot, new construction/townhomes completely surround the property, across the street are currently in line for MUP, see attached pics. Surrounded by Public Transit, just blocks from the Light Rail,Broadway, Volunteer Park, etc. with a 97 Walk Score and minutes from Downtown. LR3 (M) Zoned. Don't get left behind in this vibrant community. Rental Income to help cover holding costs while in pursuit of development.Investment opportunity! Capitol Hill triplex with a 1 car garage on a 3000 sq ft. lot, new construction/townhomes completely surround the property, across the street are currently in line for MUP, see attached pics. Surrounded by Public Transit, just blocks from the Light Rail,Broadway, Volunteer Park, etc. with a 97 Walk Score and minutes from Downtown. LR3 (M) Zoned. Don't get left behind in this vibrant community. Rental Income to help cover holding costs while in pursuit of development.
- Listed by Jennifer Reyer • Windermere Real Estate M2 LLC
Property Details for 1008 East Republican Street
Community Name
North Capitol Hill
School DistrictSeattle
Number of Assigned Spaces3
Total Covered Parking1
Entry Date03-08-2023
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate M2 LLC![]()
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LISTING UPDATED: 04/25/2024 09:07 AM
Property Details for 1008 East Republican Street
| Status | Active |
|---|---|
| MLS # | 2029010 |
| Days on Market | 414 |
| Cumulative Days on Market | 298 |
| Taxes | $9,221 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1901 |
| Lot Size | 0.07 AC / 3,000 SF |
| County | King County |
Location
Listing Courtesy of Windermere Real Estate M2 LLC![]()
Add your commute
Building Information for 1008 East Republican Street
Stories3Residences4Year Built1901Building Size-Lot Size0.07 AC / 3,000 SF
Payment Calculator
$7,590 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,822
Property Taxes
$768
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1008 East Republican Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 390 - Central Seattle
- Elementary School: Lowell
- Middle Or Junior School: Meany Mid
- High School: Garfield High
- Directions: From 10th East on Republican to property on left. No Sign
- Leased Items: Water Tank
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 3.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Hardwood, Vinyl, Carpet
- Features: Forced Air, Hardwood, Wall to Wall Carpet
- Amenities: Basement,Coin Op Laundry
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 2249
- Power Company: Seattle City Light
- Sewer Company: City of Seattle
- Water Company: City of Seattle
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 16
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Dimensions: 50x60
- Lot Size Source: KCR
- Parcel Number Free Text: 6852700485
- Building Condition: Fair
- Calculated Square Footage: 2880
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2880.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $186
- Total Expenses: 15225
- Gross Adjusted Income: 55200
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $55,200
- Insurance Expense: $1,494
- Net Operating Income: $41,095
- Other Expenses: $1,100
- Total Monthly Income: 5150
- Fuel Expense: $975
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 930
- Rent Unit 1: $2,150.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 465
- Rent Unit 2: $1,500.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Square Feet Unit 3: 465
- Rent Unit 3: $1,100.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: false
- Refrigerator Unit 4: false
- Dishwasher Unit 4: false
- Square Feet Unit 4: 700
- Rent Unit 4: $400.00
- Bedrooms Unit 4: 0
- Bathrooms Unit 4: 0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2560.0
- Leasable Area Units: Square Feet
Property History for 1008 East Republican Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1008 East Republican Street
Taxable ValueLand$476,000Additions$643,000Total$1,119,000
Tax Record2022$9,462 ($789 / month)
Home Facts
Baths2.5Total Finished SqFt1,860 SqFtAbove Ground SqFt1,860 SqFtStories2Lot Size3,000 SqFtStyleTriplexYear Built1901ZoningLR3 (M)CountyKINGAPN685270-0485
Schools near 1008 East Republican Street
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Lowell Elementary School PublicPK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Hutch School PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere Real Estate M2 LLC
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.