4345 32nd Avenue West
4345 32nd Avenue West
Seattle, WA 98199
$2,900,000
Last Sold Price
22
Beds
18
Baths
15,240 Sq. Ft.
$190 / Sq. Ft.
15,240
Sq. Ft.
$190
per Sq. Ft.
Sold 5/5/21
Sold 5/5/21
Listing provided courtesy of Synergy Mrgrs & Acq. LLC
Description
This is a rare opportunity to acquire an 18 unit turnkey property. The building is located just minutes from the Metropolitan Magnolia Market and is an easy stroll to Discovery Park & Locks. This property is poised for substantial future appreciation. Significant upside in rents, storage, parking along with utility reimbursements.This is a rare opportunity to acquire an 18 unit turnkey property. The building is located just minutes from the Metropolitan Magnolia Market and is an easy stroll to Discovery Park & Locks. This property is poised for substantial future appreciation. Significant upside in rents, storage, parking along with utility reimbursements.
- Listed by Francis Roman • Synergy Mrgrs & Acq. LLC
- Listed by Joe Maas • Synergy Mrgrs & Acq. LLC
Property Details for 4345 32nd Avenue West
Community Name
Magnolia
School DistrictSeattle
Number of Assigned Spaces18
Total Covered Parking0
Entry Date07-31-2020
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Synergy Mrgrs & Acq. LLC![]()
Sold By Synergy Mrgrs & Acq. LLC
Add your commute
LISTING UPDATED: 05/14/2021 04:28 AM
Property Details for 4345 32nd Avenue West
| Status | Sold |
|---|---|
| MLS # | 1634242 |
| Days on Market | 182 |
| Cumulative Days on Market | 1232 |
| Taxes | $42,408 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1976 |
| Lot Size | 0.29 AC / 12,553 SF |
| County | King County |
Location
Listing Courtesy of Synergy Mrgrs & Acq. LLC![]()
Sold By Synergy Mrgrs & Acq. LLC
Add your commute
Building Information for 4345 32nd Avenue West
Stories4Residences18Year Built1976Building Size-Lot Size0.29 AC / 12,553 SF
Payment Calculator
$19,360 per month
30 year fixed, 7.25% Interest
Principal and Interest
$15,826
Property Taxes
$3,534
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4345 32nd Avenue West
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: High Speed Internet
- Area: 700 - Queen Anne/Magnolia
- Effective Year Built Source: Public Records
- Directions: 4345 32nd Ave W, Seattle, WA 98199
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2019
Parking
- Number of Carport Spaces: 9.0
- Carport: No
- Open Parking Spaces: 9.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Concrete, Carpet
- Amenities: Coin Op Laundry
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Cement/Concrete, Wood
- Roof: Cedar Shake, Composition, Flat
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Wall
- Water/Sewer/Garbage: 0
- Power Production Type: Electric
- Utilities: High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Commercial
- Possible Use: Commercial
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1976
- Photos Count: 26
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Dimensions: 90x120x118x21x41x61
- Lot Size Source: Tax Record
- Parcel Number Free Text: 4235401075
- Building Condition: Good
- Calculated Square Footage: 15240
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 15240.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 9
- Number of Stories in Building: 4
- Vacancy Rate: 3
- Number Of Units Total: 18
- Units Below Grade: false
- Units In Building Total: 18
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 88090
- Gross Adjusted Income: 289814
- Gross Rent Multiplier: 17
- Gross Scheduled Income: $289,814
- Insurance Expense: $9,101
- Net Operating Income: $193,029
- Other Expenses: $25,789
- Total Monthly Income: 23925
- Fuel Expense: $0
Unit 1
- Name Unit 1: 101
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 895
- Rent Unit 1: $965.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 201
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 895
- Rent Unit 2: $1,350.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 301
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 895
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 401
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 895
- Rent Unit 4: $1,425.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 103
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 840
- Rent Unit 5: $1,000.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 203
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 840
- Rent Unit 6: $1,375.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 303
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 840
- Rent Unit 7: $1,325.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 403
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 840
- Rent Unit 8: $1,380.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 305
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 770
- Rent Unit 9: $1,270.00
- Bedrooms Unit 9: 1
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 405
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Square Feet Unit 10: 770
- Rent Unit 10: $1,390.00
- Bedrooms Unit 10: 1
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 304
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Square Feet Unit 11: 990
- Rent Unit 11: $1,695.00
- Bedrooms Unit 11: 2
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 306
- Range/Oven Unit 12: true
- Refrigerator Unit 12: true
- Dishwasher Unit 12: true
- Square Feet Unit 12: 990
- Rent Unit 12: $1,725.00
- Bedrooms Unit 12: 2
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: 404
- Range/Oven Unit 13: true
- Refrigerator Unit 13: true
- Dishwasher Unit 13: true
- Square Feet Unit 13: 990
- Rent Unit 13: $1,750.00
- Bedrooms Unit 13: 2
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: 406
- Range/Oven Unit 14: true
- Refrigerator Unit 14: true
- Dishwasher Unit 14: true
- Square Feet Unit 14: 990
- Rent Unit 14: $1,625.00
- Bedrooms Unit 14: 2
- Bathrooms Unit 14: 1
Unit 15
- Name Unit 15: 102
- Range/Oven Unit 15: true
- Refrigerator Unit 15: true
- Dishwasher Unit 15: true
- Square Feet Unit 15: 740
- Rent Unit 15: $400.00
- Bedrooms Unit 15: 1
- Bathrooms Unit 15: 1
Unit 16
- Name Unit 16: 202
- Refrigerator Unit 16: true
- Dishwasher Unit 16: true
- Square Feet Unit 16: 740
- Rent Unit 16: $1,275.00
- Bedrooms Unit 16: 1
- Bathrooms Unit 16: 1
Unit 17
- Name Unit 17: 302
- Range/Oven Unit 17: true
- Refrigerator Unit 17: true
- Dishwasher Unit 17: true
- Square Feet Unit 17: 740
- Rent Unit 17: $1,325.00
- Bedrooms Unit 17: 1
- Bathrooms Unit 17: 1
Unit 18
- Name Unit 18: 402
- Refrigerator Unit 18: true
- Dishwasher Unit 18: true
- Square Feet Unit 18: 740
- Rent Unit 18: $1,250.00
- Bedrooms Unit 18: 1
- Bathrooms Unit 18: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 15240.0
- Leasable Area Units: Square Feet
Property History for 4345 32nd Avenue West
| 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 4345 32nd Avenue West
Taxable ValueLand$2,510,600Additions$3,166,400Total$5,677,000
Tax Record2022$48,091 ($4,008 / month)
Home Facts
Total Finished SqFt15,246 SqFtAbove Ground SqFt15,246 SqFtStories4Lot Size12,553 SqFtStyleMulti-Family Res (5+ Units)Year Built1976Year Renovated2000ZoningNC1-55 (M)CountyKINGAPN423540-1075
Schools near 4345 32nd Avenue West
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 |
|---|---|---|
Lawton Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Licton Springs 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 Synergy Mrgrs & Acq. LLC
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.