2012 8th Avenue North

Seattle, WA 98109

$1,131,990
Last Sold Price
5
Beds
3
Baths
2,450 Sq. Ft.
$462 / Sq. Ft.
2,450
Sq. Ft.
$462
per Sq. Ft.

Description

The Lake Union View Apartments is perched on 8th Ave N, high above Westlake Avenue on the East slope of Queen Anne boasting Lake Union views. This is an opportunity for new investor to acquire a legal triplex on LR2 zoning with rental upside. Brand new plumbing and electrical fully done. Queen Anne is widely regarded as Seattle’s premier rental location. Enjoy the proximity to Seattle’s South Lake Union, Amazon, Facebook, Google, & the Central Business District.The Lake Union View Apartments is perched on 8th Ave N, high above Westlake Avenue on the East slope of Queen Anne boasting Lake Union views. This is an opportunity for new investor to acquire a legal triplex on LR2 zoning with rental upside. Brand new plumbing and electrical fully done. Queen Anne is widely regarded as Seattle’s premier rental location. Enjoy the proximity to Seattle’s South Lake Union, Amazon, Facebook, Google, & the Central Business District.
  1. Listed by Heidi Valencia • COMPASS
  2. Listed by Scott Bautista • COMPASS

Property Details for 2012 8th Avenue North

Community Name
Queen Anne
School District
Seattle
View
Lake, Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
02-19-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS

Sold By COMPASS

Add your commute
LISTING UPDATED: 08/19/2021 06:47 PM

Property Details for 2012 8th Avenue North

StatusSold
MLS #1731895
Days on Market133
Cumulative Days on Market1068
Taxes$8,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.07 AC / 2,890 SF
CountyKing County

Location

Listing Courtesy of COMPASS

Sold By COMPASS

Add your commute

Building Information for 2012 8th Avenue North

Stories3Residences3Year Built1907Building Size-Lot Size0.07 AC / 2,890 SF

Payment Calculator

$6,886 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,178

Property Taxes

$709

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2012 8th Avenue North

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet
  • Area: 700 - Queen Anne/Magnolia
  • Directions: Head northwest on 7th Ave toward Union St. Take 6th Ave, Aurora Ave N and Dexter Ave N to Newton St. Continue on Newton St. Drive to 8th Ave N.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
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: Ceramic Tile, Hardwood, Carpet
  • Features: Hardwood
  • Amenities: Basement,Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 3325
  • Water Company: p
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,See Remarks
  • Possible Use: Multi-Family, See Remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 32
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9301300230
  • Calculated Square Footage: 2450
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2450.0
  • 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: 3
  • Vacancy Rate: 30
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $1,473
  • Total Expenses: 15431
  • Gross Adjusted Income: 65827
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $81,258
  • Insurance Expense: $1,883
  • Net Operating Income: $65,827
  • Other Expenses: $0
  • Total Monthly Income: 6771
  • Fuel Expense: $245
Unit 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 900
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 750
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 600
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2450.0
  • Leasable Area Units: Square Feet

Property History for 2012 8th Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2012 8th Avenue North

Taxable ValueLand$742,000Additions$322,000Total$1,064,000
Tax Record2022$17,549 ($1,462 / month)
Home Facts
Baths3Total Finished SqFt3,250 SqFtAbove Ground SqFt2,450 SqFtFinished Basement SqFt800 SqFtStories2Lot Size2,890 SqFtStyleTriplexYear Built1907ZoningLR2 (M)CountyKINGAPN930130-0230

Schools near 2012 8th 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.

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 COMPASS

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.