420 Northeast 43rd Street

Seattle, WA 98105

$875,000
Last Sold Price
8
Beds
2.75
Baths
3,007 Sq. Ft.
$291 / Sq. Ft.
3,007
Sq. Ft.
$291
per Sq. Ft.

Description

Amazing investment property, with hardly ever a vacancy! Minutes from the great neighborhoods of Wallingford, Green Lake, and Fremont. Gasworks Park & UW right around the corner; minutes from the upcoming Roosevelt Light Rail. This is a highly desirable location! Wonderful lake and mountain views from main floor and top units. This is a duplex with a non-conforming 3rd Unit, and tons of potential in full basement. MTM lease gives new owner opportunity to raise the current income immediately.Amazing investment property, with hardly ever a vacancy! Minutes from the great neighborhoods of Wallingford, Green Lake, and Fremont. Gasworks Park & UW right around the corner; minutes from the upcoming Roosevelt Light Rail. This is a highly desirable location! Wonderful lake and mountain views from main floor and top units. This is a duplex with a non-conforming 3rd Unit, and tons of potential in full basement. MTM lease gives new owner opportunity to raise the current income immediately.
  1. Listed by Laura L. Kinzel • Windermere R.E. Shoreline

Property Details for 420 Northeast 43rd Street

Community Name
Wallingford
School District
Seattle
View
City, Lake, Mountain(s), Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
08-19-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere R.E. Shoreline

Sold By Kingstar Realty Inc.

Add your commute
LISTING UPDATED: 05/14/2021 04:28 AM

Property Details for 420 Northeast 43rd Street

StatusSold
MLS #1648293
Days on Market120
Cumulative Days on Market1264
Taxes$7,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.09 AC / 3,970 SF
CountyKing County

Location

Listing Courtesy of Windermere R.E. Shoreline

Sold By Kingstar Realty Inc.

Add your commute

Building Information for 420 Northeast 43rd Street

Stories2Residences3Year Built1912Building Size-Lot Size0.09 AC / 3,970 SF

Payment Calculator

$5,366 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$591

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Northeast 43rd Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Patio
  • Area: 705 - Ballard/Greenlake
  • Directions: From NE 45th St, south on 5th Av NE, east (right) onto NE 43rd St. Or, from I-5, exit NE 45th St, go south on 5th Ave NE, property is on the corner of NE 43rd St and 5th Ave NE.
  • 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: Softwood, Hardwood, Vinyl, Carpet
  • Features: Fir/Softwood, Hardwood
  • Amenities: Basement,Coin Op Laundry,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 4971
  • Power Company: City Light
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric, Natural Gas, Wood
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Appraisal
  • Parcel Number Free Text: 3131201825
  • Building Condition: Good
  • Calculated Square Footage: 3007
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3007.0
  • 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: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $462
  • Total Expenses: 17602
  • Gross Adjusted Income: 62100
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $62,100
  • Insurance Expense: $1,170
  • Net Operating Income: $44,498
  • Other Expenses: $3,000
  • Total Monthly Income: 5175
  • Fuel Expense: $913
Unit 1
  • Name Unit 1: A-Main
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1145
  • Rent Unit 1: $2,260.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B-Top
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 742
  • Rent Unit 2: $1,500.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C-Bsmt
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 851
  • Rent Unit 3: $1,200.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2738.0
  • Leasable Area Units: Square Feet

Property History for 420 Northeast 43rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 420 Northeast 43rd Street

Taxable ValueLand$482,000Additions$392,000Total$874,000
Tax Record2022$7,608 ($634 / month)
Home Facts
Baths2.8Total Finished SqFt3,690 SqFtAbove Ground SqFt2,840 SqFtFinished Basement SqFt850 SqFtStories2Lot Size3,970 SqFtStyleDuplexYear Built1912ZoningNR3CountyKINGAPN313120-1825Fireplace TypeHas Fireplace

Schools near 420 Northeast 43rd Street

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 - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln 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.

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 Windermere R.E. Shoreline

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.