- Listing #:
- 2220599
- Price:
- $1,425,000
- Status:
- Pending
- Property Type:
- Multi-Family
- Type:
- Tri-plex
- # of Units:
- 3
- # of Acres:
- 0.14
- Year Built:
- 1961
- Comm/Assn:
- Queen Anne
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98119
- Right of 1st Refusal:
- No
QR Code
Description
Iconic Pacific Northwest Triplex On The Northwest Slope Of Queen Anne With Awesome Views Overlooking Magnolia, Ship Canal And Fisherman's Terminal. Mid Century With Lots Of Features To Appreciate: Exposed Beams, Hardwoods, Huge Windows & Wood Built-ins. The Bricks Are Actually Reclaimed Cobblestones From Pioneer Square! The Upper Level Features Two Mirror-image 2 Bed Units With Tall Ceilings, Natural Wood Details, And Big View Windows. Large Lower Unit Has A Flexible Layout With Movable Walls. Each Unit Has Private Outdoor Space & Large West Facing Decks. Original Owner, First Time On The Market. Ready To Invest? Here's Your Golden Opportunity.
Property Features
- Cap Rate:
- - 3.7
- Exterior Features:
- - Brick
- - Wood
- :
- - Bay
- - Canal
- - City
- - Territorial
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $70,560.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $5,505.00
- Interior Features:
- - Hardwood
- Leasable Area:
- - 3,500.00 Square Feet
- Lot Features:
- - Alley
- - Paved
- - Sidewalk
- Net Operating Income:
- - $27,910.00
- Amenities:
- - Basement
- - Storage
- Gross Adjusted Income:
- - 71400
- Gross Rent Multiplier:
- - 19.96
- Leased Items:
- - None
- Parking Uncovered Spaces:
- - 5
- Power Company:
- - Seattle City Light
- Sewer Company:
- - SPU
- Site Features:
- - Deck
- - Gas Available
- - Patio
- Style Code:
- - 53 - Tri-plex
- Total Expenses:
- - 42646
- Total Monthly Income:
- - 5950
- Units Below Grade:
- - false
- Water Company:
- - SPU
- Water Sewer Garbage:
- - 4447
- Zoning Jurisdiction:
- - City
- Open Parking Spaces:
- - 5
- Open Parking Y/N:
- - Yes
- Other Expense:
- - 19631
- Parcel Number:
- - 2770604590
- Property Condition:
- - Fair
- Stories Total:
- - 2
- Structure Type:
- - Triplex
- Annual Tax Amount:
- - $13,063.00
- Tax Year:
- - 2023
- View Y/N:
- - Yes
- Water Source:
- - Public