5212 18th Avenue Northeast

Seattle, WA 98105

$1,960,000
Price
11
Beds
5.5
Baths
5,240 Sq. Ft.
$374 / Sq. Ft.
5,240
Sq. Ft.
$374
per Sq. Ft.

Description

Renovated 5220 sqft Seattle Mansion with $12,150/m rent. 2024 ~ Turnkey 6.1 Cap Rate & sweet seller terms, 700K Down, 5.50% Int Only for 10 years, a very inviting opportunity. CONV/ cash out also fine. 1999 ~ high end renovations as private residence. 2013 ~ carefully partitioned new bedrooms for powerful Triplex, 3350 sq ft 8-BR/ 1410 sqft 3-BR/ 460 sqft Studio, here in the high rent district. 800 sqft grand commons on main, vintage arches, four panel french doors, granite & cherry kitchens, blue...Renovated 5220 sqft Seattle Mansion with $12,150/m rent. 2024 ~ Turnkey 6.1 Cap Rate & sweet seller terms, 700K Down, 5.50% Int Only for 10 years, a very inviting opportunity. CONV/ cash out also fine. 1999 ~ high end renovations as private residence. 2013 ~ carefully partitioned new bedrooms for powerful Triplex, 3350 sq ft 8-BR/ 1410 sqft 3-BR/ 460 sqft Studio, here in the high rent district. 800 sqft grand commons on main, vintage arches, four panel french doors, granite & cherry kitchens, blue white tile baths, many BR's @ 150-200+ sqft. Zero vac & util cost 8+ yrs. Please make plans to see inside.
  1. Listed by Matt Townsend • Windermere Real Estate Co.

Property Details for 5212 18th Avenue Northeast

Community Name
University District
School District
Seattle
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
1
Entry Date
03-28-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Co.
Add your commute
LISTING UPDATED: 04/17/2024 01:50 PM

Property Details for 5212 18th Avenue Northeast

StatusPending Inspection
MLS #2215750
Days on Market5
Cumulative Days on Market5
Taxes$14,783 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1917
Lot Size0.10 AC / 4,320 SF
CountyKing County

Location

Listing Courtesy of Windermere Real Estate Co.
Add your commute

Building Information for 5212 18th Avenue Northeast

Stories5Residences3Year Built1917Building Size-Lot Size0.10 AC / 4,320 SF

Payment Calculator

$11,928 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,697

Property Taxes

$1,232

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5212 18th Avenue Northeast

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Patio, RV Parking
  • Area: 710 - North Seattle
  • Block: 2
  • Effective Year Built Source: Public Records
  • Directions: Subject Property just north of UW Greek District & just south of Ravenna Park. From I-5, go east on NE 50th, turn left 18th NE, is third house on your right. Also please drive the alley too.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet
  • Amenities: Basement,See Remarks,Storage
  • Cooling: Yes
  • Cooling: Central A/C, Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • Spa: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
  • Security Features: SecurityGate, FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Carpenter's Estimates
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1995
  • Photos Count: 33
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 40 x 108
  • Lot Number: 22
  • Lot Size Source: KCA
  • Parcel Number Free Text: 8823900205
  • Building Condition: Very Good
  • Calculated Square Footage: 5240
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5240.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 5
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 18783
  • Gross Adjusted Income: 145800
  • Gross Rent Multiplier: 13.4
  • Gross Scheduled Income: $145,800
  • Insurance Expense: $4,000
  • Net Operating Income: $127,017
  • Other Expenses: $0
  • Total Monthly Income: 12150
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Apt A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 3350
  • Rent Unit 1: $7,400.00
  • Bedrooms Unit 1: 8
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 4
Unit 2
  • Name Unit 2: Apt B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1416
  • Rent Unit 2: $3,200.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Apt C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 468
  • Rent Unit 3: $1,250.00
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5240.0
  • Leasable Area Units: Square Feet

Property History for 5212 18th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5212 18th Avenue Northeast

Taxable ValueLand$432,000Additions$1,075,500Total$1,507,500
Tax Record2022$12,940 ($1,078 / month)
Home Facts
Total Finished SqFt4,560 SqFtAbove Ground SqFt4,560 SqFtUnfinished Basement Area1,520 SqFtStories2Lot Size4,320 SqFtStyleMulti-Family Res (5+ Units)Year Built1917Year Renovated1995ZoningNR3CountyKINGAPN882390-0205

Schools near 5212 18th Avenue Northeast

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 5
Rating
School
Distance
Laurelhurst Elementary School
PublicK to 5

Eckstein Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

McDonald International School
PublicK to 5

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 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.