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.
  1. Listed by Ryan Iles • Paragon Real Estate Advisors

Property Details for 605 East Denny Way

Community Name
Capitol Hill
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
11-18-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/18/2024 09:33 AM

Property Details for 605 East Denny Way

StatusActive
MLS #2311231
Days on Market3
Cumulative Days on Market348
Taxes$54,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.12 AC / 5,196 SF
CountyKing 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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Lowell Elementary School
Public - PK to 5
Edmonds S. Meany Middle School
Public - 6 to 8
Garfield High School
Public - 9 to 12
Hutch School
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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More information about 605 East Denny Way, Seattle, WA 98122

605 East Denny Way is a multi-family home for sale in Seattle, WA 98122. This property was listed for sale on November 18, 2024 by Paragon Real Estate Advisors, it's currently listed at $5,395,000. It has been on the market for a total of 3 days and was last sold on November 21, 2003. This listing's school district is Seattle Public Schools. Nearby schools include Lowell Elementary School, Edmonds S. Meany Middle School and Garfield High School. 605 East Denny Way is a 7-bed, 30-bath, 15,325 sqft multi-family home built in 1927.

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.