$3,900,000 Price Analysis    ♡   Seattle, WA 98144 Unknown bed None bath 6,400 SqFt ($609/SqFt) 0.34 acre lot. Built 1963 Listed 2024-03-12 | Ⓧ USDA Ineligible due to price & location near Seattle |
H uge Investment opportunity in the Leschi neighborhood of Seattle.
This property has 8 units and a total space of 15, 000 Sq Ft which can be used for your next Project. Each unit has 2 beds, 1 bath and 800 Sq Ft, remodeled within the last 7 years.
Garage parking and plenty of Street Parking. Being located near Downtown Seattle, the Opportunities with this Property are unlimited. Contact helpful L/A Mitchll Sundene for more information and showing access.
Presented by Mitchell Sundene at
Real Broker LLC.
Property MLS #2206035 from NWMLS
Heating Features: Forced Air
Heating Fuel: Electric
Heating: Yes
Heating Fuel: Electric
Heating: Yes
Stone
Stucco
Stucco
Carport Spaces: 1
Covered Spaces: 6
Parking Total: 8
Covered Spaces: 6
Parking Total: 8
Lot Size Acres: 0.3444
Lot Size Dimensions: 100X150ft
Lot Size Square Feet: 15000
Lot Size Dimensions: 100X150ft
Lot Size Square Feet: 15000
Coin Op Laundry
Elementary School: Thurgood Marshall El
High School: Garfield High
High School District: Seattle
Middle School: Wash Mid
High School: Garfield High
High School District: Seattle
Middle School: Wash Mid
Leschi Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsGarfield High School is a public high school located approximately 0.7 miles away.
Map directions
Map directionsEdmonds S. Meany Middle School is a public middle school located approximately 1.9 miles away.
Map directions
Map directionsSeattle Girls' School is a private elementary and middle school located approximately 0.3 miles away.
Map directions
Map directionsGross Scheduled Income: 180000
Leasable Area: 6408
Leasable Area Units: Square Feet
Leasable Area: 6408
Leasable Area Units: Square Feet
Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 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
Unit-1 Description: 812-1
Unit-2 Description: 812-2
Unit-3 Description: 812-3
Unit-4 Description: 812-4
Unit-5 Description: 818-5
Unit-6 Description: 818-6
Unit-7 Description: 818-7
Unit-8 Description: 818-8
Unit-1 Square Feet: 800
Unit-2 Square Feet: 800
Unit-3 Square Feet: 800
Unit-4 Square Feet: 800
Unit-5 Square Feet: 800
Unit-6 Square Feet: 800
Unit-7 Square Feet: 800
Unit-8 Square Feet: 800
Unit 1 Total Actual Rent: 1800
Unit 2 Total Actual Rent: 1800
Unit 3 Total Actual Rent: 1800
Unit 4 Total Actual Rent: 1800
Unit 5 Total Actual Rent: 1800
Unit 6 Total Actual Rent: 1800
Unit 7 Total Actual Rent: 2000
Unit 8 Total Actual Rent: 2000
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 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
Unit-1 Description: 812-1
Unit-2 Description: 812-2
Unit-3 Description: 812-3
Unit-4 Description: 812-4
Unit-5 Description: 818-5
Unit-6 Description: 818-6
Unit-7 Description: 818-7
Unit-8 Description: 818-8
Unit-1 Square Feet: 800
Unit-2 Square Feet: 800
Unit-3 Square Feet: 800
Unit-4 Square Feet: 800
Unit-5 Square Feet: 800
Unit-6 Square Feet: 800
Unit-7 Square Feet: 800
Unit-8 Square Feet: 800
Unit 1 Total Actual Rent: 1800
Unit 2 Total Actual Rent: 1800
Unit 3 Total Actual Rent: 1800
Unit 4 Total Actual Rent: 1800
Unit 5 Total Actual Rent: 1800
Unit 6 Total Actual Rent: 1800
Unit 7 Total Actual Rent: 2000
Unit 8 Total Actual Rent: 2000
Calculated Total Monthly Association Fees: 0
Annual Tax Amount: 11784
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 3.4
Directions: From I-90, take exit Rainier Ave South, turn Left on S Holgate St, turn Left on 23rd Ave S, turn Right on S Dearborn St, turn Right on 29th Ave S. Property will be on your Left.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 3500
Area: 380 - Southeast Seattle
List Development Name: Leschi
Source Neighborhood: Leschi
Parcel Number: 0567000590
Street Suffix Modifier: Avenue
Subdivision: Leschi
Source System Name: C2C
Buyer Agent Commission: 2
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 3.4
Directions: From I-90, take exit Rainier Ave South, turn Left on S Holgate St, turn Left on 23rd Ave S, turn Right on S Dearborn St, turn Right on 29th Ave S. Property will be on your Left.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 3500
Area: 380 - Southeast Seattle
List Development Name: Leschi
Source Neighborhood: Leschi
Parcel Number: 0567000590
Street Suffix Modifier: Avenue
Subdivision: Leschi
Source System Name: C2C
Buyer Agent Commission: 2
Price Changed 2024-06-25
$3,900,000
NWMLS
Price Changed 2024-05-27
$4,200,000
NWMLS
Listed 2024-03-12
$4,350,000
NWMLS
Listing removed 2023-11-09
$0
NWMLS
Price Changed 2023-08-15
$3,650,000
NWMLS
Price Changed 2023-07-25
$3,999,500
NWMLS
Listed 2023-05-18
$4,300,850
NWMLS
$3,900,000
NWMLS
Price Changed 2024-05-27
$4,200,000
NWMLS
Listed 2024-03-12
$4,350,000
NWMLS
Listing removed 2023-11-09
$0
NWMLS
Price Changed 2023-08-15
$3,650,000
NWMLS
Price Changed 2023-07-25
$3,999,500
NWMLS
Listed 2023-05-18
$4,300,850
NWMLS
Net Operating Income: 146968
Operating Expense: 30310.36000000
Operating Expense: 30310.36000000
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Foundation Details: Slab
Living Area Units: Square Feet
Property Age: 61
Property Condition: Good
Roof: Flat
Building Total Stories: 3
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 1993
Foundation Details: Slab
Living Area Units: Square Feet
Property Age: 61
Property Condition: Good
Roof: Flat
Building Total Stories: 3
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 1993
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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.