2037 Boylston Avenue East
2037 Boylston Avenue East
Seattle, WA 98102
$4,025,000
Last Sold Price
2
Beds
2
Baths
9,626 Sq. Ft.
$418 / Sq. Ft.
9,626
Sq. Ft.
$418
per Sq. Ft.
Sold 8/11/23
Sold 8/11/23
Listing provided courtesy of Kidder Mathews
Description
Aldora Apartments is a handsome 15-Unit brick veneer apartment building, beaming with timeless character, and ideally located in one of Seattle’s most sought-after neighborhoods. It features 15 large one-bedroom apartment units with amazing territorial views of Lake Union and Seattle. Aldora offers investors a tremendous opportunity to increase income by over 40% after light cosmetic unit updates, and capitalize on further upside by adding a 16th unit to the daylight basement and adding two large...Aldora Apartments is a handsome 15-Unit brick veneer apartment building, beaming with timeless character, and ideally located in one of Seattle’s most sought-after neighborhoods. It features 15 large one-bedroom apartment units with amazing territorial views of Lake Union and Seattle. Aldora offers investors a tremendous opportunity to increase income by over 40% after light cosmetic unit updates, and capitalize on further upside by adding a 16th unit to the daylight basement and adding two large townhomes to alley-accessed parking lot. Aldora has been meticulously maintained and updated by the long-term owner, and is now available on the market for the first time in over 35 years. Don’t miss your chance to own this trophy asset.
- Listed by Winslow Thomas Lee • Kidder Mathews
Property Details for 2037 Boylston Avenue East
Community Name
Eastlake
School DistrictSeattle
ViewCity, Lake, Mountain(s)
Number of Assigned Spaces7
Total Covered Parking0
Entry Date09-19-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Kidder Mathews![]()
Sold By Kidder Mathews
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LISTING UPDATED: 08/14/2023 02:28 PM
Property Details for 2037 Boylston Avenue East
| Status | Sold |
|---|---|
| MLS # | 1997935 |
| Days on Market | 53 |
| Cumulative Days on Market | 195 |
| Taxes | $36,697 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1929 |
| Lot Size | 0.22 AC / 9,626 SF |
| County | King County |
Location
Listing Courtesy of Kidder Mathews![]()
Sold By Kidder Mathews
Add your commute
Building Information for 2037 Boylston Avenue East
Stories4Residences2Year Built1929Building Size-Lot Size0.22 AC / 9,626 SF
Payment Calculator
$25,024 per month
30 year fixed, 7.25% Interest
Principal and Interest
$21,966
Property Taxes
$3,058
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2037 Boylston Avenue East
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 390 - Central Seattle
- Effective Year Built Source: Public Records
- Directions: Driving N on Eastlake Ave N, take right on E Boston St. Right on Boylston Ave E.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
- Additional Tax Ids: 2902200035
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 7.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Hardwood, Carpet
- Features: High Efficiency - 90%+, Hardwood, Wall to Wall Carpet
- Amenities: Basement,Coin Op Laundry
- Cooling: No
- Fireplace: No
- Heating: No
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Torch Down
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 5559
- Power Company: PSE
- Sewer Company: SPU
- Water Company: SPU
- Power Production Type: Electric
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
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1929
- Photos Count: 39
Lot Information
- Lot Size Source: King County Parcel Viewer
- Parcel Number Free Text: 2902200035
- Building Condition: Very Good
- Calculated Square Footage: 9626
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 9626.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: High Efficiency - 90%+
Multi Family
Building Details
- Number of Uncovered Spaces: 7
- Number of Stories in Building: 4
- Vacancy Rate: 4
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 15
Financing / Income and Expenses
- Electric Expense: $5,559
- Total Expenses: 98690
- Gross Adjusted Income: 268060
- Gross Rent Multiplier: 30
- Gross Scheduled Income: $276,000
- Insurance Expense: $9,963
- Net Operating Income: $169,370
- Other Expenses: $35,353
- Total Monthly Income: 23025
- Fuel Expense: $5,559
Unit 1
- Name Unit 1: (7) 1x1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 530
- Rent Unit 1: $1,394.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: (8) 1x1 Large
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 700
- Rent Unit 2: $1,518.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 9626.0
- Leasable Area Units: Square Feet
Property History for 2037 Boylston Avenue East
| 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 2037 Boylston Avenue East
Taxable ValueLand$2,029,500Additions$2,666,500Total$4,696,000
Tax Record2022$39,213 ($3,268 / month)
Home Facts
Total Finished SqFt9,630 SqFtAbove Ground SqFt9,630 SqFtStories3Lot Size6,765 SqFtStyleMulti-Family Dwelling (2-4)Year Built1929Year Renovated1995ZoningMR (M1)CountyKINGAPN290220-0035
Schools near 2037 Boylston Avenue East
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 - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Montlake Elementary School PublicK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Tops 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 Kidder Mathews
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.