1414 Southwest Cambridge Street
1414 Southwest Cambridge Street
Seattle, WA 98106
$1,200,000
Price
8
Beds
4
Baths
3,004 Sq. Ft.
$399 / Sq. Ft.
3,004
Sq. Ft.
$399
per Sq. Ft.
Listing provided courtesy of Berkshire Hathaway HS NW
Description
Welcome to this exceptional 4-plex nestled in the heart of Seattle's vibrant community, offering an enticing blend of convenience, potential, and profitability. Perfectly situated, this property caters to both investors seeking promising returns and residents craving the quintessential Seattle lifestyle. Investor Opportunity: With four individual units, each presenting rental income potential, this property is a investment opportunity not to be missed. Whether you're an experienced investor or just...Welcome to this exceptional 4-plex nestled in the heart of Seattle's vibrant community, offering an enticing blend of convenience, potential, and profitability. Perfectly situated, this property caters to both investors seeking promising returns and residents craving the quintessential Seattle lifestyle. Investor Opportunity: With four individual units, each presenting rental income potential, this property is a investment opportunity not to be missed. Whether you're an experienced investor or just starting your portfolio, this 4-plex promises steady cash flow and long-term appreciation in Seattle's thriving real estate market. Located in one of Seattle's most sought-after neighborhoods, convenience is at your doorstep. Enjoy
- Listed by Darren Monson • Berkshire Hathaway HS NW
Property Details for 1414 Southwest Cambridge Street
Community Name
Highland Park
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date03-01-2024
Energy SourceGeothermal
SewerSewer Connected
Location
Listing Courtesy of Berkshire Hathaway HS NW![]()
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LISTING UPDATED: 04/16/2024 04:02 PM
Property Details for 1414 Southwest Cambridge Street
| Status | Active |
|---|---|
| MLS # | 2204168 |
| Days on Market | 60 |
| Cumulative Days on Market | 59 |
| Taxes | $8,599 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1969 |
| Lot Size | 0.12 AC / 5,085 SF |
| County | King County |
Location
Listing Courtesy of Berkshire Hathaway HS NW![]()
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Building Information for 1414 Southwest Cambridge Street
Stories2Residences4Year Built1969Building Size-Lot Size0.12 AC / 5,085 SF
Payment Calculator
$7,265 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,549
Property Taxes
$717
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1414 Southwest Cambridge Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck, Fenced-Partially, Patio
- Area: 140 - West Seattle
- Block: 10
- Effective Year Built Source: Public Records
- Directions: See GPS
- Leased Items: Washer/Dryer
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Vinyl, Carpet
- Features: Wall to Wall Carpet, Laminate, Laminate Hardwood
- Amenities: Basement,Coin Op Laundry,Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 13642
- Power Company: Seattle Public Utilities
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Geothermal
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1992
- Photos Count: 9
Lot Information
- Lot Details: Cul-De-Sac, Curbs, Paved, Sidewalk
- Lot Number: 9
- Lot Size Source: Realist
- Parcel Number Free Text: 3298700690
- Building Condition: Average
- Calculated Square Footage: 3004
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3004.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $765
- Total Expenses: 25206
- Gross Adjusted Income: 46794
- Gross Rent Multiplier: 16.6
- Gross Scheduled Income: $72,000
- Insurance Expense: $2,200
- Net Operating Income: $46,794
- Other Expenses: $0
- Total Monthly Income: 6000
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 751
- Rent Unit 1: $1,500.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 751
- Rent Unit 2: $1,500.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 751
- Rent Unit 3: $1,500.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 751
- Rent Unit 4: $1,500.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3854.0
- Leasable Area Units: Square Feet
Property History for 1414 Southwest Cambridge Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1414 Southwest Cambridge Street
Taxable ValueLand$355,900Additions$602,100Total$958,000
Tax Record2022$8,599 ($717 / month)
Home Facts
Total Finished SqFt3,004 SqFtAbove Ground SqFt3,004 SqFtStories2Lot Size5,085 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1992ZoningLR2 (M)CountyKINGAPN329870-0690
Schools near 1414 Southwest Cambridge Street
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 |
|---|---|---|
Highland Park Elementary School PublicPK to 5 | ||
Denny Middle School Public6 to 8 | ||
Chief Sealth High School Public9 to 12 | ||
Louisa Boren STEM 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Berkshire Hathaway HS NW
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.