Restricted Address
Restricted Address
Seattle, WA 98109
$1,146,000
Last Sold Price
4
Beds
4
Baths
2,644 Sq. Ft.
$433 / Sq. Ft.
2,644
Sq. Ft.
$433
per Sq. Ft.
Sold 5/24/21
Sold 5/24/21
Description
Queen Anne Fourplex featuring 4 - 1Bd/1Bth units that range from 585-876 Sq. Ft. Located on a quiet street in a A+ neighborhood featuring new retaining walls. The property has territorial views of Fremont to the East from the top units. The building is equipped with new electrical wiring/panels & LVT flooring. Two of the units feature new cabinets and countertops. The basement has 4 hot water heaters & a large common laundry/storage area for the tenants use. Opportunity to purchase an in place 5.04%...Queen Anne Fourplex featuring 4 - 1Bd/1Bth units that range from 585-876 Sq. Ft. Located on a quiet street in a A+ neighborhood featuring new retaining walls. The property has territorial views of Fremont to the East from the top units. The building is equipped with new electrical wiring/panels & LVT flooring. Two of the units feature new cabinets and countertops. The basement has 4 hot water heaters & a large common laundry/storage area for the tenants use. Opportunity to purchase an in place 5.04% Cap Rate w/ additional rental upside. Situated on a 5,183 Sq. Ft. lot, the property is the perfect opportunity for an owner occupant or for an investor who wants a great cash flowing property w/ easy walking distance to DT Fremont & Upper QA.
Property Details for Restricted Address
Community Name
Queen Anne
School DistrictSeattle
Number of Assigned Spaces0
Total Covered Parking0
Entry Date03-22-2021
Energy SourceElectric
SewerSewer Connected
Location
Add your commute
LISTING UPDATED: 05/24/2021 09:45 AM
Property Details for Restricted Address
| Status | Sold |
|---|---|
| MLS # | 1746400 |
| Days on Market | 15 |
| Cumulative Days on Market | 203 |
| Taxes | $12,995 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1900 |
| Lot Size | 0.12 AC / 5,183 SF |
| County | King County |
Location
Add your commute
Building Information for Restricted Address
Stories2Residences4Year Built1900Building Size-Lot Size0.12 AC / 5,183 SF
Payment Calculator
$7,337 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,254
Property Taxes
$1,083
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for Restricted Address
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 700 - Queen Anne/Magnolia
- Directions: Get on I-5 N. Take Exit 167 and Westlake Ave N to 3rd Ave N. Continue on 3rd Ave N. Drive to Fulton St.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
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
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Flat
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water/Sewer/Garbage: 4411
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
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
- Photos Count: 18
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 5244800120
- Calculated Square Footage: 2644
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2644.0
- 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: 3
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 20505
- Gross Adjusted Income: 78512
- Gross Rent Multiplier: 14
- Gross Scheduled Income: $80,940
- Insurance Expense: $1,139
- Net Operating Income: $58,007
- Other Expenses: $2,000
- Total Monthly Income: 6745
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 634
- Rent Unit 1: $1,610.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 549
- Rent Unit 2: $1,525.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 876
- Rent Unit 3: $1,750.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 585
- Rent Unit 4: $1,550.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2644.0
- Leasable Area Units: Square Feet
Property History for Restricted Address
| 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 Restricted Address
Taxable ValueLand$518,300Additions$609,700Total$1,128,000
Tax Record2022$9,796 ($816 / month)
Home Facts
Total Finished SqFt2,548 SqFtAbove Ground SqFt2,548 SqFtStories2Lot Size5,183 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1995ZoningNR3CountyKINGAPN524480-0120
Schools near Restricted Address
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 8 |
Rating | School | Distance |
|---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Cascade Parent Partnership Program PublicK 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.
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 North Queen Anne
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 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.
