9534 Interlake Ave N

—
Beds
—
Baths
2,830 Sq. Ft.
$331 / Sq. Ft.
2,830
Sq. Ft.
$331
per Sq. Ft.

Description

Wonderful investment opportunity beckons. Licton Springs Triplex (3-2bed/1bath) offer large and spacious layouts. Well maintained, solid turnkey investment. Attached 3 car garage w/ alley access. Close to downtown and transit options. Potential to improve cap rate, rents below market. Large 5,000 sq ft lot and LR3 zoning offers additional upside through multiple redevelopment options from townhomes to small apartment buildings. Part of Aurora-Licton Springs RUV.Wonderful investment opportunity beckons. Licton Springs Triplex (3-2bed/1bath) offer large and spacious layouts. Well maintained, solid turnkey investment. Attached 3 car garage w/ alley access. Close to downtown and transit options. Potential to improve cap rate, rents below market. Large 5,000 sq ft lot and LR3 zoning offers additional upside through multiple redevelopment options from townhomes to small apartment buildings. Part of Aurora-Licton Springs RUV.
  1. Listed by Robert Kelly • West Seattle Realty
    P: 155-206-935-0503 robertkelly3@outlook.com

Property Details for 9534 Interlake Avenue North

Community Name
Licton Springs
School District
Seattle
Number of Assigned Spaces
4
Total Covered Parking
3
Entry Date
10-24-2019
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:38 AM

Property Details for 9534 Interlake Avenue North

StatusSold
MLS #1532575
Days on Market83
Cumulative Days on Market83
Taxes$7,118 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of West Seattle Realty

Sold By Lake & Company

Add your commute

Building Information for 9534 Interlake Avenue North

Stories2Residences3Year Built1964Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$5,143 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,550

Property Taxes

$593

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 9534 Interlake Avenue North

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV
  • Area: _705BallardGreenlak
  • Block: 8
  • Elementary School: Viewlands
  • Middle Or Junior School: Robert Eagle Staff Middle School
  • High School: Ingraham High
  • Effective Year Built Source: Public Records
  • Directions: North on Aurora, East on 97th, South on Interlake Ave N. - home on East Side of Street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Features: Ceramic Tile, Hardwood, Laminate Hardwood
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5400
  • Power Company: City of Seattle
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1964
  • Photos Count: 11
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Size Dimensions: 50 X 100
  • Lot Number: 9-10
  • Lot Size Source: KCR-Buyer To Verify
  • Parcel Number Free Text: 4310701480
  • Building Condition: Average
  • Calculated Square Footage: 2830
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2830.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $300
  • Total Expenses: 15365
  • Gross Adjusted Income: 51050
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $50,400
  • Insurance Expense: $747
  • Net Operating Income: $35,685
  • Other Expenses: $1,500
  • Total Monthly Income: 4250
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2830.0
  • Leasable Area Units: Square Feet

Property History for 9534 Interlake Avenue North

DateEvent & SourcePriceAppreciation
Jan 31, 2020

Sold

NWMLS #1532575

$937,500—
Jan 31, 2020

Sold

NWMLS #1533057

$937,500—
Jan 29, 2020

Sold (Public Record)

Public Record #662116602

$937,500—
Jan 29, 2020

Sold (Public Record)

Public Record #662116602

$937,500—
Jan 15, 2020

Pending

NWMLS #1532575

—
Jan 15, 2020

Pending

NWMLS #1533057

—
Oct 24, 2019

Listed (Active)

NWMLS #1532575

$995,000—
Oct 24, 2019

Listed (Active)

NWMLS #1533057

$995,000—
DateEvent & SourcePrice
01/31/2020

Sold

NWMLS #1532575

$937,500
01/31/2020

Sold

NWMLS #1533057

$937,500
01/29/2020

Sold (Public Record)

Public Record #662116602

$937,500
01/29/2020

Sold (Public Record)

Public Record #662116602

$937,500
01/15/2020

Pending

NWMLS #1532575

—
01/15/2020

Pending

NWMLS #1533057

—
10/24/2019

Listed (Active)

NWMLS #1532575

$995,000
10/24/2019

Listed (Active)

NWMLS #1533057

$995,000

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

Public Records for 9534 Interlake Avenue North

Taxable ValueLand$875,000Additions$187,000Total$1,062,000
Tax Record2024$10,700 ($892 / month)
Home Facts
Baths3Total Finished SqFt3,900 SqFtAbove Ground SqFt2,830 SqFtFinished Basement SqFt1,070 SqFtStories1Lot Size5,000 SqFtStyleTriplexYear Built1964ZoningLR3 (M)CountyKINGAPN431070-1480

Schools near 9534 Interlake 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 - K to 5
Rating
School
Distance
Viewlands Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Cascadia Elementary
PublicK to 5

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.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of West Seattle Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:38 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.