535 Federal Avenue East

Seattle, WA 98102

$970,000
Last Sold Price
8
Beds
6
Baths
4,423 Sq. Ft.
$219 / Sq. Ft.
4,423
Sq. Ft.
$219
per Sq. Ft.

Description

This is a great investment property, location is great, very close to Broadway and downtown, shopping, universities, shopping. Two structures, one is for units and the second is 2 units. Corner lot.This is a great investment property, location is great, very close to Broadway and downtown, shopping, universities, shopping. Two structures, one is for units and the second is 2 units. Corner lot.
  1. Listed by Ghassan N. Mansour • John L. Scott, Inc.

Property Details for 535 Federal Avenue East

Community Name
Capitol Hill
School District
Seattle
View
Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
01-04-2007
Sewer
Sewer Connected

Location

Add your commute
LISTING UPDATED: 03/27/2021 12:56 PM

Property Details for 535 Federal Avenue East

StatusSold
MLS #27003375
Days on Market95
Cumulative Days on Market3968
Taxes$5,530 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1902
Lot Size0.08 AC / 3,500 SF
CountyKing County

Location

Add your commute

Building Information for 535 Federal Avenue East

Stories-Residences6Year Built1902Building Size-Lot Size0.08 AC / 3,500 SF

Payment Calculator

$5,755 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,294

Property Taxes

$461

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 535 Federal Avenue East

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV
  • Area: 390 - Central Seattle
  • Directions: S of Federal and Mercer. Two blocks east of Broadway and Harvard exit.
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2006
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Hardwood, Carpet
  • Amenities: Coin Op Laundry,Thermal Windows
  • Fireplace: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Water Source: Public
  • Water/Sewer/Garbage: 4336
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Paved, Sidewalk
  • Parcel Number Free Text: 6852700455
  • Building Condition: Good
  • Calculated Square Footage: 4423
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4423.0
  • 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: 0
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $237
  • Total Expenses: 11410
  • Gross Adjusted Income: 60000
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $60,000
  • Insurance Expense: $1,307
  • Net Operating Income: $47,416
  • Other Expenses: $0
  • Total Monthly Income: 4895
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 533A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 580
  • Rent Unit 1: $640.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1011A
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 575
  • Rent Unit 2: $880.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1011B
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 575
  • Rent Unit 3: $985.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 535B
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 585
  • Rent Unit 4: $800.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 535A
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 580
  • Rent Unit 5: $710.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 533B
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 580
  • Rent Unit 6: $735.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Leasable Area: 3525.0
  • Leasable Area Units: Square Feet

Property History for 535 Federal Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 535 Federal Avenue East

Taxable ValueLand$441,800Additions$772,200Total$1,214,000
Tax Record2022$10,166 ($847 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Ground SqFt2,400 SqFtStories2Lot Size1,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1902Year Renovated1985ZoningLR3 (M)CountyKINGAPN685270-0455

Schools near 535 Federal Avenue East

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 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Hutch School
PublicPK 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

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Similar Sold Homes

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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 John L. Scott, Inc.

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.