- Listing #:
- 2224504
- Price:
- $1,275,000
- Status:
- Active
- Property Type:
- Multi-Family
- Type:
- Tri-plex
- # of Units:
- 3
- # of Acres:
- 0.08
- Year Built:
- 1912
- Comm/Assn:
- Queen Anne
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98119
- Right of 1st Refusal:
- No
QR Code
Description
Ideally Located Triplex In The North Queen Anne Neighborhood, Featuring (1) 2 Bed/1 Bath Unit Approximately 900 Sf, (1) 2 Bed/0.75 Bath Unit Approximately 720 Sf And (1) 1 Bed/1 Bath Unit Approximately 650 Sf. Property Is Located Along Nickerson Street Just Blocks To Seattle Pacific University, With Excellent Access To Queen Anne, Fremont, Wallingford, South Lake Union, Uw, Ballard, Magnolia And Downtown Seattle. High Historic Occupancy With Prominent Employers Nearby, Including Amazon, Facebook (meta), Google, Adobe, Tableau And Brooks Sports. Excellent Access To The Burke Gilman Bike Trail. Perfect Opportunity For Investor Or Owner/occupant. Lr3 Rc (m) Zoning Allows For Development Potential And Possible Assemblage. Water Views!
Property Features
- Cap Rate:
- - 4.37
- Covered Spaces:
- - 2
- Exterior Features:
- - Wood
- Gross Scheduled Income:
- - $78,060.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $1,985.00
- Leasable Area:
- - 2,270.00 Square Feet
- Net Operating Income:
- - $55,724.00
- Gross Adjusted Income:
- - 76300
- Gross Rent Multiplier:
- - 16.3
- Leased Items:
- - None
- Parking Uncovered Spaces:
- - 1
- Style Code:
- - 53 - Tri-plex
- Total Expenses:
- - 20576
- Total Monthly Income:
- - 6555
- Units Below Grade:
- - true
- Vacancy Rate:
- - 3
- Water Sewer Garbage:
- - 6227
- Zoning Class:
- - Multi-Family
- Open Parking Spaces:
- - 1
- Open Parking Y/N:
- - Yes
- Other Expense:
- - 4200
- Parcel Number:
- - 7443000985
- Possible Use:
- - Multi-Family
- :
- - Strait
- Stories Total:
- - 3
- Structure Type:
- - Triplex
- Annual Tax Amount:
- - $8,164.00
- Tax Year:
- - 2024
- View Y/N:
- - Yes