2420 East Union Street
2420 East Union Street
Seattle, WA 98122
$1,190,000
Price
2
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of Ayers Commercial Group
Description
Ayers Commercial Group is proud to exclusively list for sale the Central District Mixed-Use Triplex. Located in Seattle's vibrant Central District neighborhood is a great opportunity for value-add investors or commercial owner users. This value-add property features 2 residential units and 1 commercial unit. The unit mix consists of a 2 bed 1 bath top floor apartment, a second-floor commercial unit, and a ground level studio apartment. The commercial unit and top floor residential unit are lease...Ayers Commercial Group is proud to exclusively list for sale the Central District Mixed-Use Triplex. Located in Seattle's vibrant Central District neighborhood is a great opportunity for value-add investors or commercial owner users. This value-add property features 2 residential units and 1 commercial unit. The unit mix consists of a 2 bed 1 bath top floor apartment, a second-floor commercial unit, and a ground level studio apartment. The commercial unit and top floor residential unit are lease ready for new tenants or ready for renovations. The ground level studio is ready for renovations. The property is well positioned surrounded by many amenities and public transportation and boasts a walk score of 94 and bike score of 91.
- Listed by Jeff Ayers • Ayers Commercial Group
Property Details for 2420 East Union Street
Community Name
Seattle
School DistrictSeattle
Number of Assigned Spaces0
Total Covered Parking0
Entry Date03-27-2024
Energy SourceSee Remarks
SewerAvailable
Location
Listing Courtesy of Ayers Commercial Group![]()
Add your commute
LISTING UPDATED: 05/02/2024 11:12 AM
Property Details for 2420 East Union Street
| Status | Active |
|---|---|
| MLS # | 2218562 |
| Days on Market | 36 |
| Cumulative Days on Market | 36 |
| Taxes | $9,303 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1905 |
| Lot Size | 0.08 AC / 3,600 SF |
| County | King County |
Location
Listing Courtesy of Ayers Commercial Group![]()
Add your commute
Building Information for 2420 East Union Street
Stories3Residences3Year Built1905Building Size-Lot Size0.08 AC / 3,600 SF
Payment Calculator
$7,270 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,494
Property Taxes
$775
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2420 East Union Street
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 390 - Central Seattle
- Directions: .
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Cooling: Yes
- Cooling: Other – See Remarks
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Cement Planked, Wood
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 4000
- Power Production Type: See Remarks
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Commercial,Multi-Family,Residential,Retail
- Possible Use: Commercial, Multi-Family, Residential, Retail
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 6
Lot Information
- Lot Size Source: unknown
- Parcel Number Free Text: 7217400180
- Calculated Square Footage: 0
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- 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: 5
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $2,000
- Total Expenses: 24424
- Gross Adjusted Income: 98201
- Gross Rent Multiplier: 11.51
- Gross Scheduled Income: $103,369
- Insurance Expense: $2,621
- Net Operating Income: $73,777
- Other Expenses: $6,500
- Total Monthly Income: 8614
- Fuel Expense: $0
Unit 1
- Name Unit 1: a
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1030
- Rent Unit 1: $2,600.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Tenant Description Unit 1: 2bd/1ba
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: b
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: false
- Refrigerator Unit 2: false
- Dishwasher Unit 2: false
- Square Feet Unit 2: 1500
- Rent Unit 2: $3,300.00
- Estimated Triple Net Monthly Unit 2: 914
- Bedrooms Unit 2: 0
- Fireplaces Unit 2: 0
- Tenant Description Unit 2: Commercial
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: c
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: false
- Dishwasher Unit 3: false
- Square Feet Unit 3: 540
- Rent Unit 3: $1,500.00
- Bedrooms Unit 3: 0
- Fireplaces Unit 3: 0
- Tenant Description Unit 3: Studio
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 3340.0
- Leasable Area Units: Square Feet
Property History for 2420 East Union 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 2420 East Union Street
Taxable ValueLand$508,000Additions$520,000Total$1,028,000
Tax Record2022$8,795 ($733 / month)
Home Facts
Baths3Total Finished SqFt4,620 SqFtAbove Ground SqFt3,340 SqFtFinished Basement SqFt1,280 SqFtStories2Lot Size3,600 SqFtStyleTriplexYear Built1905ZoningNC2P-55 (M)CountyKINGAPN721740-0180
Schools near 2420 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Madrona PublicK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Nova High School Public9 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Madrona Valley
Neighborhoods
Cities
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 Ayers Commercial Group
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.