FB
[email protected]
206-338-3535
Home / Seattle Condos / Capitol Hill / Elektra / Sub $100k Downtown Condo at the Elektra

Sub $100k Downtown Condo at the Elektra

By December 17, 2010

Elektra

A reader tipped me off to a condo at the Elektra, unit #513 for $99.9k and he’s wondering what’s the catch:

I live near the convention center at the border of First Hill, Capitol Hill, and Downtown. I’ve noticed that the wedge-shaped Elektra building at Hubbell & Terry & Pike has some very inexpensive units for sale. Unit 513 hit my inbox today at $99,900 — that’s $33k less than what it sold for at foreclosure auction last month and $600 less than it sold for in 1998! Do you or your readers know anything about this building? Why are so many units available for so little so close to downtown? I feel like there must be a catch.

I know there was a bit of a fuss about short term rentals a few years ago but haven’t heard anything recently. Readers? Any thoughts on the Elektra?

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242

Ask Matt a Question

Matt usually responds in about 15 minutes

"*" indicates required fields

I'm considering*

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

This field is for validation purposes and should be left unchanged.

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

Ask us a Question

We usually respond in about 15 minutes

"*" indicates required fields

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.

This field is for validation purposes and should be left unchanged.

I agree to be contacted by Urban Living via call, email, and text. To opt-out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Message and data rates may apply.