3435 Burke Avenue North
3435 Burke Avenue North
Seattle, WA 98103
$4,000,000
Last Sold Price
16
Beds
16
Baths
12,664 Sq. Ft.
$316 / Sq. Ft.
12,664
Sq. Ft.
$316
per Sq. Ft.
Sold 5/17/23
Sold 5/17/23
Listing provided courtesy of Windermere Real Estate Co., John L. Scott, Inc.
Description
Wallingford 9 unit with Lake Union, City & Mtn views, 5 spacious 2bd 2+ bth units, One 3bed 2.5 Bath suite & three 1 bedroom top floor view units, Washer & Dryers in each unit, Solid Well Built 1990's building with 10 underground parking spots, Fire protected building with alarm & sprinkler system, Lots of upside rent increase potential w/utility charge back ,garage parking charges , Easy walk to Restaurant's, Coffee & gas works park for quality tenants, Nice cap rate for a great location building...Wallingford 9 unit with Lake Union, City & Mtn views, 5 spacious 2bd 2+ bth units, One 3bed 2.5 Bath suite & three 1 bedroom top floor view units, Washer & Dryers in each unit, Solid Well Built 1990's building with 10 underground parking spots, Fire protected building with alarm & sprinkler system, Lots of upside rent increase potential w/utility charge back ,garage parking charges , Easy walk to Restaurant's, Coffee & gas works park for quality tenants, Nice cap rate for a great location building ! All new hot water tanks in 22, New Luxury Vinyl in all units for easy care, Very easy building to self manage. Always 100 % occupied ! 4 units with undermarket rents & no charge yet on garage parking.
- Listed by Barrick Benson • Windermere Real Estate Co.
Property Details for 3435 Burke Avenue North
Community Name
Wallingford
School DistrictSeattle
ViewCity, Lake, Mountain(s), Territorial
Number of Assigned Spaces10
Total Covered Parking10
Entry Date02-27-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate Co.![]()
Sold By John L. Scott, Inc.
Add your commute
LISTING UPDATED: 07/26/2023 02:38 PM
Property Details for 3435 Burke Avenue North
| Status | Sold |
|---|---|
| MLS # | 2037076 |
| Days on Market | 24 |
| Cumulative Days on Market | 25 |
| Taxes | $30,217 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1989 |
| Lot Size | 0.16 AC / 6,840 SF |
| County | King County |
Location
Listing Courtesy of Windermere Real Estate Co.![]()
Sold By John L. Scott, Inc.
Add your commute
Building Information for 3435 Burke Avenue North
Stories4Residences9Year Built1989Building Size-Lot Size0.16 AC / 6,840 SF
Payment Calculator
$24,348 per month
30 year fixed, 7.25% Interest
Principal and Interest
$21,830
Property Taxes
$2,518
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3435 Burke Avenue North
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Fenced-Partially, Gas Available
- Area: 705 - Ballard/Greenlake
- Block: 68
- Middle Or Junior School: Hamilton Mid
- High School: Lincoln High
- Directions: South on Wallingford ave N, Left on 35th
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
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: Vinyl, Vinyl Plank, Carpet
- Features: Forced Air, Wall to Wall Carpet
- Amenities: Fire Sprinklers,Storage,Thermal Windows
- Cooling: Yes
- Cooling: Wall Unit(s)
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
Exterior Features
- Exterior: Metal/Vinyl, Stucco, Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 13800
- Power Company: Seattle
- Sewer Company: Seattle
- Water Company: Seattle
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete, Slab
- 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: 23
Lot Information
- Lot Details: Curbs, Dead End Street, High Voltage Line, Sidewalk
- Lot Number: 1
- Lot Size Source: KCR
- Parcel Number Free Text: 4083306645
- Building Condition: Good
- Calculated Square Footage: 12664
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 12664.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 4
- Vacancy Rate: 0
- Number Of Units Total: 9
- Units Below Grade: false
- Units In Building Total: 9
Financing / Income and Expenses
- Electric Expense: $510
- Total Expenses: 64508
- Gross Adjusted Income: 258708
- Gross Rent Multiplier: 16.79
- Gross Scheduled Income: $241,140
- Insurance Expense: $4,557
- Net Operating Income: $194,200
- Other Expenses: $15,424
- Total Monthly Income: 21559
- Fuel Expense: $0
Unit 1
- Name Unit 1: 101
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 836
- Rent Unit 1: $2,000.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 202
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 836
- Rent Unit 2: $2,200.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 203
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1170
- Rent Unit 3: $3,100.00
- Bedrooms Unit 3: 3
- Bathrooms Unit 3: 3
Unit 4
- Name Unit 4: 204
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1000
- Rent Unit 4: $2,500.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 205
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 1000
- Rent Unit 5: $2,895.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 3
Unit 6
- Name Unit 6: 306
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 836
- Rent Unit 6: $2,050.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 2
Unit 7
- Name Unit 7: 307
- Washer/Dryer Unit 7: true
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 600
- Rent Unit 7: $1,950.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 308
- Washer/Dryer Unit 8: true
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 504
- Rent Unit 8: $1,500.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 309
- Washer/Dryer Unit 9: true
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 504
- Rent Unit 9: $1,900.00
- Bedrooms Unit 9: 1
- Bathrooms Unit 9: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 12000.0
- Leasable Area Units: Square Feet
Property History for 3435 Burke Avenue North
| 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 3435 Burke Avenue North
Taxable ValueLand$1,504,800Additions$1,956,200Total$3,461,000
Tax Record2022$28,935 ($2,411 / month)
Home Facts
Total Finished SqFt8,163 SqFtAbove Ground SqFt8,163 SqFtStories3Lot Size6,840 SqFtStyleMulti-Family Dwelling (2-4)Year Built1989Year Renovated2001ZoningLR2 (M)CountyKINGAPN408330-6645Fireplace TypeBacked
Schools near 3435 Burke Avenue North
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
B F Day Elementary School PublicPK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Lincoln 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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Listing Courtesy of Windermere Real Estate Co.
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.