About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

601 E Roy St, Seattle, WA 98102

$4,572,913

Last sold 01/09/2024 for $2.7M

—
bed
—
bath
10,130
Sqft ($267/Sqft)

House not for sale

About 601 E Roy St

Property type House

Neighborhood

Year built 1958

HOA fee $0/month

Lot size 4,225 Sqft

Movoto estimate

Property description

Located in the heart of Seattle’s vibrant Capitol Hill neighborhood is an extraordinary opportunity for investors seeking both current income and future potential. The East Roy Apt, a 12-unit apartment building boasts a desirable location. This mid-century building features 9 one-bedroom and 3 two-bedroom units, offering spacious layouts designed for comfortable living. Timeless walk-up design and open floor plans, thoughtfully designed to seamlessly integrate kitchens, dining areas, and generously sized living rooms. Select units have undergone modern renovations, featuring upgraded kitchen cabinets, stylish vinyl plank flooring, and contemporary lighting elements. Upgrading the remaining units would add value and rent upside.

Listed by

Listing Agent - Ian Brown

Listing Office - Westlake Associates, Inc.

Source: NWMLS

MLS#2162219 • last updated 2 years ago

Movoto checked NWMLS for data 9 hours ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Multi Family
MLS #	2162219
SubType	Multi-Family
Type	Residential Income
SqFt	10130
Status	Sold
Lot Size (SqFt)	4225
Lot Size (Acres)	0.097
Property Tax	30432
Year Built	1958
Buying Office Phone	425-455-2065

Interior
Flooring	Vinyl

Exterior
Roof	Flat
# Open Parking Spaces	3
# Covered Spaces	2
# Parking Spaces	5
# Uncovered Spaces	3

Amenities / Utilities
Sewer/ Septic	Available
Power Production: Type	Electric, Natural Gas
HOA Amenities	Basement, Coin Op Laundry, Storage

Location
View	City
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
High School District	Seattle
APN	6848200835
Zoning	Multi-Family

Multifamily Details
Net Operating Income	142098
Capitalization Rate	4.74
Expense: Insurance	4290
Gross Scheduled Income	219780
Expense: Other	21500
Gross Adjusted Income	213187
Total Expenses	71089
Gross Rent Multiplier	13.65
Nwm_Totalmonthlyincome	18315
Vacancy Rate	3

$4.57M

Range: $4.11M-$5.03M

Last 30 days

Rental est.: $657/month

• Gross rent multiplier: 342.7

Lower your payment with the loan terms that fit you.

Jan 2024
Public Records
Jan 10, 2024 Sold
$2,692,000 (-0.3%)
Jan 2024
MLS # 2162219
Jan 9, 2024 Sold
$2,700,000 (-10.0%)
Oct 18, 2023 Pending
—
Sep 14, 2023 Listed
$3,000,000 (+175.5%)
Jan 2002
Public Records
Jan 22, 2002 Sold
$1,088,800 (-0.1%)
Jan 2002
MLS # 21122000
Jan 22, 2002 Sold
$1,090,000 (-8.8%)
Sep 4, 2001 Listed
$1,195,000

Year Property taxes Tax assessment
2024
$35,338 +16.1%

$3,648,000
2023
$30,432 -6.6%

$3,648,000 +1.28%
2022
$32,572 -7.2%

$3,602,000 -2.44%
2021
$35,095

$3,692,000

601 E Roy St
$2.7M
Broadway
$525K -51% y/y
98102
$749K -26% y/y
Seattle
$695K -10% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
620 Belmont Ave E, Seattle, WA 98102	$1,773,000	5/1	2,310	0.01
706 Summit Ave E, Seattle, WA 98102	$1,239,000	4/1	1,720	0.06
710 Summit Ave E, Seattle, WA 98102	$1,354,000	3/1	2,290	0.07
735 Boylston Ave E, Seattle, WA 98102	$1,464,000	3/2	2,030	0.08
719 Belmont Pl E, Seattle, WA 98102	$2,316,000	4/2	3,630	0.11
733 Belmont Pl E, Seattle, WA 98102	$2,441,000	4/3	2,760	0.11
616 Bellevue Ave E, Seattle, WA 98102	$1,432,000	3/1	1,390	0.12
618 Bellevue Ave E, Seattle, WA 98102	$1,408,000	4/2	1,700	0.12

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.