2002 East Union Street

Seattle, WA 98122

$1,185,000
Last Sold Price
6
Beds
4.5
Baths
7,320 Sq. Ft.
$162 / Sq. Ft.
7,320
Sq. Ft.
$162
per Sq. Ft.

Description

Beautiful 1908 classic brick building with 4 large residential apartments and 3 commercial spaces with great street visibility. Updated systems & long term tenants. Great location in fast appreciating neighborhood. Commercial tenants are on triple net lease. Vacant office space behind the cafe was the owners office & would be great for an owner/user. Total commercial space ~3600sf. Residential units are large 2 bedrooms w/9ft+ ceilings & in good condition, but w/great potential to be awesome.Beautiful 1908 classic brick building with 4 large residential apartments and 3 commercial spaces with great street visibility. Updated systems & long term tenants. Great location in fast appreciating neighborhood. Commercial tenants are on triple net lease. Vacant office space behind the cafe was the owners office & would be great for an owner/user. Total commercial space ~3600sf. Residential units are large 2 bedrooms w/9ft+ ceilings & in good condition, but w/great potential to be awesome.
  1. Listed by Larry Crites • Lake & Company
  2. Listed by Philip Patterson • Lake & Company

Property Details for 2002 East Union Street

Community Name
East Union
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
07-14-2005
Sewer
Sewer Connected

Location

Add your commute
LISTING UPDATED: 03/27/2021 02:47 PM

Property Details for 2002 East Union Street

StatusSold
MLS #25102046
Days on Market190
Cumulative Days on Market114
Taxes$5,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.00 AC / 0 SF
CountyKing County

Location

Add your commute

Building Information for 2002 East Union Street

Stories2Residences6Year Built1908Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$6,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,467

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2002 East Union Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 390 - Central Seattle
  • Directions: Directly east of downtown Seattle on the corner of 20th Ave and E Union St.
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2005
  • Legal Description: to be attached
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Fireplace: No
Exterior Features
  • Exterior: Brick
Property
Utilities
  • Electric On Property: No
  • Water Source: Public
  • Water/Sewer/Garbage: 2877
  • Power Company: Seattle City LIght
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Utilities: Sewer Connected
Property and Assessments
  • Foundation: Poured Concrete
  • Zoning Class: Commercial
  • Possible Use: Commercial
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Parcel Number Free Text: 7228501740
  • Calculated Square Footage: 7320
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 7320.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $1,440
  • Total Expenses: 24633
  • Gross Adjusted Income: 89273
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $93,972
  • Insurance Expense: $3,890
  • Net Operating Income: $64,640
  • Other Expenses: $10,552
  • Total Monthly Income: 7831
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A & C (rented separately)
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 875
  • Rent Unit 1: $850.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: vacant office/commercial space
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: false
  • Refrigerator Unit 2: false
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 600
  • Rent Unit 2: $850.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Cafe Stellina
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: false
  • Refrigerator Unit 3: false
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 600
  • Rent Unit 3: $881.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: Vacant, office/storefront
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: false
  • Refrigerator Unit 4: false
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 2400
  • Rent Unit 4: $3,000.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: B
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 875
  • Rent Unit 5: $750.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: D
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 875
  • Rent Unit 6: $650.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7080.0
  • Leasable Area Units: Square Feet

Property History for 2002 East Union Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2002 East Union Street

Taxable ValueLand$1,149,000Additions$320,300Total$1,469,300
Tax Record2022$12,764 ($1,064 / month)
Home Facts
Total Finished SqFt7,320 SqFtAbove Ground SqFt7,320 SqFtStories2Lot Size4,336 SqFtStyleOffice BuildingYear Built1908Year Renovated1985ZoningNC2P-40 (M)CountyKINGAPN722850-1740

Schools near 2002 East Union Street

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 - 6 to 12
Rating
School
Distance
Madrona
PublicK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Seattle World School
Public6 to 12

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

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Similar Sold Homes

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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 Lake & Company

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.