1813-1817 5th Avenue North
1813-1817 5th Avenue North
Seattle, WA 98109
$1,050,000
Last Sold Price
4
Beds
3
Baths
2,720 Sq. Ft.
$386 / Sq. Ft.
2,720
Sq. Ft.
$386
per Sq. Ft.
Sold 3/10/21
Sold 3/10/21
Listing provided courtesy of Pacific Crest
Description
Fully renovated QA triplex and future development site. Excellent cash flow opportunity with rental upside and big development potential. Exterior recently painted and new railings installed. Double listed with adjacent triplex. 4 Town homes can be built on one site and 9 if both sites combined. 10 apartment units on one site and 25 id sites combined. Buyer to verify development potential. 2nd bedroom in Unit #3 may not be conforming, buyer to verify. See marketing package for more information.Fully renovated QA triplex and future development site. Excellent cash flow opportunity with rental upside and big development potential. Exterior recently painted and new railings installed. Double listed with adjacent triplex. 4 Town homes can be built on one site and 9 if both sites combined. 10 apartment units on one site and 25 id sites combined. Buyer to verify development potential. 2nd bedroom in Unit #3 may not be conforming, buyer to verify. See marketing package for more information.
- Listed by Alfred Anderson • Pacific Crest
Property Details for 1813-1817 5th Avenue North
Community Name
Queen Anne
School DistrictSeattle
Number of Assigned Spaces2
Total Covered Parking0
Offers Review Date07-08-2020
Entry Date06-21-2020
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Pacific Crest![]()
Sold By Pacific Crest
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LISTING UPDATED: 03/27/2021 10:50 AM
Property Details for 1813-1817 5th Avenue North
| Status | Sold |
|---|---|
| MLS # | 1619964 |
| Days on Market | 171 |
| Cumulative Days on Market | 1266 |
| Taxes | $10,883 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1940 |
| Lot Size | 0.12 AC / 5,300 SF |
| County | King County |
Location
Listing Courtesy of Pacific Crest![]()
Sold By Pacific Crest
Add your commute
Building Information for 1813-1817 5th Avenue North
Stories2Residences3Year Built1940Building Size-Lot Size0.12 AC / 5,300 SF
Payment Calculator
$6,637 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,730
Property Taxes
$907
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1813-1817 5th Avenue North
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 700 - Queen Anne/Magnolia
- Directions: From Hwy 99 North. Turn right onto Roy Street, turn onto Dexter Ave N, turn right at the 1st cross street onto Mercer Way, turn right onto Taylor Ave N, continue straight onto 5th Ave N.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Ceramic Tile, Hardwood, Vinyl
- Amenities: Basement,Coin Op Laundry
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water/Sewer/Garbage: 4890
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 2
Lot Information
- Lot Details: Alley, Value In Land
- Lot Size Source: King County
- Parcel Number Free Text: 6926700755
- Calculated Square Footage: 2720
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2720.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- 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: $0
- Total Expenses: 20423
- Gross Adjusted Income: 76009
- Gross Rent Multiplier: 15
- Gross Scheduled Income: $78,360
- Insurance Expense: $865
- Net Operating Income: $55,251
- Other Expenses: $3,785
- Total Monthly Income: 6020
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 600
- Rent Unit 1: $1,625.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 600
- Rent Unit 2: $1,675.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 1000
- Rent Unit 3: $2,395.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2250.0
- Leasable Area Units: Square Feet
Property History for 1813-1817 5th Avenue North
| 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.
Schools near 1813-1817 5th Avenue North
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Queen Anne Elementary School 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.
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Listing Courtesy of Pacific Crest
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.