Opportunity is Knocking!

1516 E Pike St #302, Seattle WA 98122 | $555,000 | 2 bed, 1.75 bath | 953 sq. ft. | 1 car secure parking

  • Location, location, location

    Walkers paradise... Yes please! 98 walk-score means YOU DON'T NEED A CAR. Although if you have one we got a secure garage parking space for you. More good news... Madison Heights is located in a VERY quite spot of Capitol Hill even though it's next to all Capitol Hill hotspots on the Pine/Pike Corridor. Not much to sacrifice here making this a Savvy buyers choice.

  • Value now, value later

    The most expensive thing a building can have done is a new exterior… but it also happens to be the most valuable thing that can be done. The good news, our seller will be paying the assessment off in full at closing. You can cash in that sweat equity without breaking a sweat.

  • Fresh and ready, but about to be FRESHIER!

    Blood sweat and tears... Well not so dramatic but we did paint, replace light switches and plugs, update light fixtures, replace light switches and add a little fizz to the cabinets, doors and trim. Still plenty of room for your creative touches but off to a great start. Plus, you'll benefit from the exterior renovation about to begin. Once complete you'll be looking at a nearly new building and your wallet will thank you!

  • Live Large in Capitol Hill

    Top floor, corner unit, several sky lights, balcony, two bedrooms, two bathrooms , tons of storage, and secured parking. This place checks all boxes. Did I even mention the fourteen foot ceilings with windows to match? Well I just did. You'll love the bones here. Bring your eye and let this unit be your canvas.

welcome home

Nestled in the prime Pike/Pine Corridor you are close to Capitol Hill shops, food, & parks! This 2-bed 2 bath gem offers tranquility in the midst of city life on a quiet tree lined street next to TT Minor Park. Recently refreshed with paint, new appliances, lighting, & fixtures. Secure your spot before the buildings major exterior makeover providing sweat equity with no sweat. Stroll to your local MSFT Connector stop or wander down the hill to your SLU office. Life made easy for a savvy buyer! + MORE

I love what I call the pie slice of Capitol Hill. A uniquely quite spot even if it's only half a block to the Pike Pine corridor of Capitol Hill. Fun when you want, and quite when you need. PERFECT!

a glance at the neighborhood

ratio of housing type

single family home vs condo

*Based on 2016 data

annual median home price

single family home vs. condo

condo avg. square footage

673

single family avg. square footage

2001

Location Info

Neighborhood: Capitol Hill

commute times

  • 10m to Downtown Seattle
  • 16m to Downtown Seattle
  • 19m to Downtown Bellevue
  • 46m to Downtown Bellevue
  • 98 Walk Score®

listing highlights

14' ceilings
Giant picture windows
Multiple Skylights
Top floor unit
Corner unit
Balcony
Two large bedrooms
Main bath and ensuite bath in Master

Location, location, location

Nestled in the prime Pike/Pine Corridor you are close to Capitol Hill restaurants, shopping (Trader Joe's and QFC are steps away!), coffeeshops, parks and more, this 2-bedroom gem offers garden privacy in the midst of city life. Enjoy being just a short bus ride or walk away from the entertainment, nightlife, and 5-star dining of Capitol Hill & Downtown! Once you're home, you'll feel transported to a tranquil setting situated on a quite treelined street next to TT Minor Park. A perfect spot in one of Seattle's most desirable hoods.

A deal now and value going forward.

Buying in a building with an assessment can save you big bucks. In fact, you’ll probably save 20% compared to other similar units in comparable buildings. (Buying a condo just as work is starting can get you the BEST deal!) And once the assessment is done, your home is not only going to gain back that value (20%!), but it’s likely going to gain another 20% additional increase once the exterior renovation is complete. The most expensive thing a building can have done is a new exterior… but it also happens to be the most valuable thing that can be done. Unfortunately, systems updates (like new electrical or plumbing) or interior updates (like new carpeting) just don’t add the same value to a building, because these are things that people assume a building has and do not have emotional appeal. Curb appeal on the other hand adds tremendous value to a condo building. If the building goes from dated, dilapidated, and depressing to fresh, current and modern you will be in for a big boost to value. The real good news here is that our seller will be paying the assessment off in full at closing. You can cash in that sweat equity without breaking a sweat.

Getting to work has never been so EASY!

It's no secret that Capitol Hill is a crowd fav for those who might work in SLU. Walk, bus, Uber, whatever helps you float to work is easy from here. But you also have easy access to the MicroSoft Connect. Wherever you call work it's a stress free ride from Madison Heights.

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555.555.5555