605 East Denny Way
Seattle, WA 98122
$5,395,000
Price
7
Beds
30
Baths
15,325 Sq. Ft.
$352 / Sq. Ft.
15,325
Sq. Ft.
$352
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors
Description
The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value. Seller financing available for a qualified buyer.The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value. Seller financing available for a qualified buyer.
- Listed by Ryan Iles • Paragon Real Estate Advisors
Property Details for 605 East Denny Way
Community Name
Capitol Hill
School DistrictSeattle
Number of Assigned Spaces0
Total Covered Parking0
Entry Date11-18-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/18/2024 09:33 AM
Property Details for 605 East Denny Way
| Status | Active |
|---|---|
| MLS # | 2311231 |
| Days on Market | 33 |
| Cumulative Days on Market | 378 |
| Taxes | $54,500 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1927 |
| Lot Size | 0.12 AC / 5,196 SF |
| County | King County |
Building Information for 605 East Denny Way
Stories5Residences30Year Built1927Building Size-Lot Size0.12 AC / 5,196 SF
Property Information for 605 East Denny Way
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 390 - Central Seattle
- Directions: From downtown Seattle, head northwest toward Madison St. Take Cherry St, I-5 N and Exit 166 to E Denny Way.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Brick
- Roof: Flat
Property
Utilities
- Water/Sewer/Garbage: 37754
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 33
Lot Information
- Lot Size Source: King County
- Parcel Number Free Text: 6848700095
- Calculated Square Footage: 15325
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 15325.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 5
- Vacancy Rate: 3
- Number Of Units Total: 30
- Units Below Grade: false
- Units In Building Total: 30
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 231403
- Gross Adjusted Income: 508400
- Gross Rent Multiplier: 10.29
- Gross Scheduled Income: $524,124
- Insurance Expense: $31,506
- Net Operating Income: $276,997
- Other Expenses: $107,643
- Total Monthly Income: 43677
- Fuel Expense: $0
Unit 1
- Name Unit 1: 101
- Rent Unit 1: $1,195.00
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 103
- Rent Unit 2: $1,995.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 104
- Rent Unit 3: $1,275.00
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 105
- Rent Unit 4: $1,275.00
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 106
- Rent Unit 5: $1,575.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 107
- Rent Unit 6: $1,295.00
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 201
- Rent Unit 7: $1,295.00
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 202
- Rent Unit 8: $1,350.00
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 203
- Rent Unit 9: $1,295.00
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 204
- Rent Unit 10: $1,042.00
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 205
- Rent Unit 11: $1,275.00
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 206
- Rent Unit 12: $1,550.00
- Bedrooms Unit 12: 1
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: 207
- Rent Unit 13: $1,295.00
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: 301
- Rent Unit 14: $1,295.00
- Bathrooms Unit 14: 1
Unit 15
- Name Unit 15: 302
- Rent Unit 15: $1,350.00
- Bathrooms Unit 15: 1
Unit 16
- Name Unit 16: 303
- Rent Unit 16: $1,275.00
- Bathrooms Unit 16: 1
Unit 17
- Name Unit 17: 304
- Rent Unit 17: $1,325.00
- Bathrooms Unit 17: 1
Unit 18
- Name Unit 18: 305
- Rent Unit 18: $1,295.00
- Bathrooms Unit 18: 1
Unit 19
- Name Unit 19: 306
- Rent Unit 19: $1,575.00
- Bedrooms Unit 19: 1
- Bathrooms Unit 19: 1
Unit 20
- Name Unit 20: 307
- Rent Unit 20: $1,295.00
- Bathrooms Unit 20: 1
Unit 21
- Name Unit 21: 401
- Rent Unit 21: $1,325.00
- Bathrooms Unit 21: 1
Unit 22
- Name Unit 22: 402
- Rent Unit 22: $1,325.00
- Bathrooms Unit 22: 1
Unit 23
- Name Unit 23: 403
- Rent Unit 23: $1,295.00
- Bathrooms Unit 23: 1
Unit 24
- Name Unit 24: 404
- Rent Unit 24: $1,325.00
- Bathrooms Unit 24: 1
Unit 25
- Name Unit 25: 405
- Rent Unit 25: $1,300.00
- Bathrooms Unit 25: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 15325.0
- Leasable Area Units: Square Feet
Property History for 605 East Denny Way
| 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 605 East Denny Way
Taxable ValueLand$2,078,400Additions$6,026,600Total$8,105,000
Tax Record2022$66,800 ($5,567 / month)
Home Facts
Total Finished SqFt15,300 SqFtAbove Ground SqFt15,300 SqFtStories4Lot Size5,196 SqFtStyleMulti-Family Res (5+ Units)Year Built1927Year Renovated1995ZoningMR (M)CountyKINGAPN684870-0095
Schools near 605 East Denny Way
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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Paragon Real Estate Advisors
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.
