3435 Burke Ave N

—
Beds
—
Baths
12,664 Sq. Ft.
$316 / Sq. Ft.
12,664
Sq. Ft.
$316
per Sq. Ft.

Description

Wallingford 9 unit with Lake Union, City & Mtn views, 5 spacious 2bd 2+ bth units, One 3bed 2.5 Bath suite & three 1 bedroom top floor view units, Washer & Dryers in each unit, Solid Well Built 1990's building with 10 underground parking spots, Fire protected building with alarm & sprinkler system, Lots of upside rent increase potential w/utility charge back ,garage parking charges , Easy walk to Restaurant's, Coffee & gas works park for quality tenants, Nice cap rate for a great location building...Wallingford 9 unit with Lake Union, City & Mtn views, 5 spacious 2bd 2+ bth units, One 3bed 2.5 Bath suite & three 1 bedroom top floor view units, Washer & Dryers in each unit, Solid Well Built 1990's building with 10 underground parking spots, Fire protected building with alarm & sprinkler system, Lots of upside rent increase potential w/utility charge back ,garage parking charges , Easy walk to Restaurant's, Coffee & gas works park for quality tenants, Nice cap rate for a great location building ! All new hot water tanks in 22, New Luxury Vinyl in all units for easy care, Very easy building to self manage. Always 100 % occupied ! 4 units with undermarket rents & no charge yet on garage parking.
  1. Listed by Barrick Benson • Windermere Real Estate Co.
    P: (206)-526-5544 barrickbenson@hotmail.com

Property Details for 3435 Burke Avenue North

Community Name
Wallingford
School District
Seattle
View
City, Lake, Mountain(s), Territorial
Number of Assigned Spaces
10
Total Covered Parking
10
Entry Date
02-27-2023
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:46 AM

Property Details for 3435 Burke Avenue North

StatusSold
MLS #2037076
Days on Market24
Cumulative Days on Market25
Taxes$30,217 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.16 AC / 6,840 SF
CountyKing County

Location

Listing Courtesy of Windermere Real Estate Co.

Sold By John L. Scott, Inc.

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Building Information for 3435 Burke Avenue North

Stories4Residences9Year Built1989Building Size-Lot Size0.16 AC / 6,840 SF

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$22,660 per month

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Principal and Interest

$20,142

Property Taxes

$2,518

HOA Dues

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Property Information for 3435 Burke Avenue North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Partially, Gas Available
  • Area: 705 - Ballard/Greenlake
  • Block: 68
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: South on Wallingford ave N, Left on 35th
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Amenities: Fire Sprinklers,Storage,Thermal Windows
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Metal/Vinyl, Stucco, Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 13800
  • Power Company: Seattle
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Details: Curbs, Dead End Street, High Voltage Line, Sidewalk
  • Lot Number: 1
  • Lot Size Source: KCR
  • Parcel Number Free Text: 4083306645
  • Building Condition: Good
  • Calculated Square Footage: 12664
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 12664.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 0
  • Number Of Units Total: 9
  • Units Below Grade: false
  • Units In Building Total: 9
Financing / Income and Expenses
  • Electric Expense: $510
  • Total Expenses: 64508
  • Gross Adjusted Income: 258708
  • Gross Rent Multiplier: 16.79
  • Gross Scheduled Income: $241,140
  • Insurance Expense: $4,557
  • Net Operating Income: $194,200
  • Other Expenses: $15,424
  • Total Monthly Income: 21559
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 12000.0
  • Leasable Area Units: Square Feet

Property History for 3435 Burke Avenue North

DateEvent & SourcePriceAppreciation
May 17, 2023

Sold

NWMLS #2037076

$4,000,000—
May 11, 2023

Sold (Public Record)

Public Record #1511028423

$4,000,000—
Mar 24, 2023

Pending

NWMLS #2037076

—
DateEvent & SourcePrice
05/17/2023

Sold

NWMLS #2037076

$4,000,000
05/11/2023

Sold (Public Record)

Public Record #1511028423

$4,000,000
03/24/2023

Pending

NWMLS #2037076

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For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3435 Burke Avenue North

Taxable ValueLand$1,641,600Additions$1,759,400Total$3,401,000
Tax Record2024$32,238 ($2,686 / month)
Home Facts
Total Finished SqFt8,163 SqFtAbove Ground SqFt8,163 SqFtStories3Lot Size6,840 SqFtStyleMulti-Family Dwelling (2-4)Year Built1989Year Renovated2001ZoningLR2 (M)CountyKINGAPN408330-6645Fireplace TypeBacked

Schools near 3435 Burke Avenue North

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Tops K-8
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Windermere Real Estate Co.

Based on information submitted to the MLS GRID as of 09/05/2024 05:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.