$2,495,000 Price Analysis    ♡   Seattle, WA 98122 Unknown bed None bath 4,300 SqFt ($580/SqFt) 3,829SqFt lot. Built 2022 Listed 2024-05-29, Taxes $9,808 | Ⓧ USDA Ineligible due to price & location near Seattle |
Attention Investors!
This 10-bedroom multi-family home, which was extensively remodeled with an effective year built in 2022, offers promising investment potential, a high occupancy rate and an attr active cap rate. Conveniently located near bustling cafes, shops, restaurants, hospitals and Seattle University, residents will enjoy the perfect blend of city living and urban convenience.
With two levels and a basement, there's ample space fr residents to enjoy, whether they're exploring nearby Volunteer Park or catching a show at the nearby theater. Each floor boasts a separate kitchen, washer and dryer, AC and a separate instant hot tankless water heater, ensuring convenience and comfort for all residents.
Presented by Kevin Yuen at
COMPASS Bellevue.
Property MLS #2244583 from NWMLS
Heating Features: Ductless HP-Mini Split, Radiant, Tankless Water Heater
Heating Fuel: Electric, Natural Gas
Heating: Yes
Lot Size Acres: 0.0879017
Lot Size Square Feet: 3829
Green Energy Efficient: Thermal Windows
Security Features: FullyFenced
Storage
Thermal Windows
High School: Buyer To Verify
High School District: Seattle
Middle School: Buyer To Verify
Map directions Map directions Map directions Map directionsLeasable Area: 4300
Leasable Area Units: Square Feet
Unit Features: Unit 10 BedsTotal: 1, Unit 10 ActualRent: 1367, Unit 10 UnitDescription: M1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Bedrooms in Unit-9: 1
Bedrooms in Unit-10: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-10: 1
Unit-1 Description: T1
Unit-2 Description: T2
Unit-3 Description: T3
Unit-4 Description: T4
Unit-5 Description: B1
Unit-6 Description: B2
Unit-7 Description: B3
Unit-8 Description: M3
Unit-9 Description: M2
Unit-10 Description: M1
Unit 1 Total Actual Rent: 1250
Unit 2 Total Actual Rent: 1300
Unit 3 Total Actual Rent: 1400
Unit 4 Total Actual Rent: 1500
Unit 5 Total Actual Rent: 800
Unit 6 Total Actual Rent: 1450
Unit 7 Total Actual Rent: 1400
Unit 8 Total Actual Rent: 1366
Unit 9 Total Actual Rent: 1367
Unit 10 Total Actual Rent: 1367
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 4
Directions: Heading E on James/Cherry, Take a L onto 17th; home on Right.
Tax Year: 2023
Other Expense: 18816
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1389
Area: 390 - Central Seattle
List Development Name: Central Area
Source Neighborhood: Central Area
Parcel Number: 2254502090
Street Suffix Modifier: Avenue
Subdivision: Central Area
Zoning: MultiFamily
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $510,000 + $635,000 $1,145,000 | $9,808 |
| 2022 | $412,000 + $577,000 $989,000 | $1,205 |
| 2021 | $333,000 + $522,000 $855,000 | $1,221 |
| 2020 | $535,000 + $423,000 $958,000 | $1,179 |
| 2019 | $546,000 + $424,000 $970,000 | $1,171 |
| 2018 | $322,000 + $362,000 $684,000 | $1,239 |
| 2017 | $257,000 + $302,000 $559,000 | $1,274 |
| 2016 | $239,000 + $280,000 $519,000 | $1,267 |
| 2015 | $245,000 + $216,000 $461,000 | $4,546 |
| 2014 | $209,000 + $188,000 $397,000 | $4,327 |
| 2013 | $175,000 + $175,000 $350,000 | $407 |
| 2012 | $173,000 + $203,000 $376,000 | $385 |
| 2011 | $168,000 + $198,000 $366,000 | $354 |
| 2009 | $205,000 + $243,000 $448,000 | $305 |
| 2007 | $189,000 + $225,000 $414,000 | $317 |
$0
NWMLS
Listed 2024-05-29
$2,495,000
NWMLS
Price Changed 2024-04-29
$2,700,000
NWMLS
Listed 2024-03-27
$2,800,000
NWMLS
Sold 2015-10-06
$551,000
NWMLS
Listed 2015-08-07
$500,000
NWMLS
Power Production Type: Electric, NaturalGas
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 2
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 2022
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.