629 West Nickerson Street

Seattle, WA 98119

$1,100,000
Last Sold Price
6
Beds
4
Baths
3,120 Sq. Ft.
$353 / Sq. Ft.
3,120
Sq. Ft.
$353
per Sq. Ft.

Description

Built in 1955, this well-maintained 4 plex on Queen Anne’s north slope sits on 4,440 sf of LR3 RC zoned land. The building consists of 4 spacious units, two 2 bedroom 1 bath units and two 1 bedroom units. Amenities include common laundry, storage units, & off-street parking w/covered parking for 3 units. The front unit features a large private deck. Close proximity to SPU Campus, Old Town Ballard & Fremont’s tech hub. An excellent opportunity to capitalize on a well-located stabilized property.Built in 1955, this well-maintained 4 plex on Queen Anne’s north slope sits on 4,440 sf of LR3 RC zoned land. The building consists of 4 spacious units, two 2 bedroom 1 bath units and two 1 bedroom units. Amenities include common laundry, storage units, & off-street parking w/covered parking for 3 units. The front unit features a large private deck. Close proximity to SPU Campus, Old Town Ballard & Fremont’s tech hub. An excellent opportunity to capitalize on a well-located stabilized property.
  1. Listed by Daniel Lim • Lee & Associates Commercial RE
  2. Listed by Candice Chevaillier • Lee & Associates Commercial RE

Property Details for 629 West Nickerson Street

Community Name
Queen Anne
School District
Seattle
View
Canal, Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
08-04-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By Urban Commercial Partners, LLC

Add your commute
LISTING UPDATED: 03/27/2021 10:27 AM

Property Details for 629 West Nickerson Street

StatusSold
MLS #1641128
Days on Market146
Cumulative Days on Market1494
Taxes$13,227 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.10 AC / 4,400 SF
CountyKing County

Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By Urban Commercial Partners, LLC

Add your commute

Building Information for 629 West Nickerson Street

Stories2Residences4Year Built1955Building Size-Lot Size0.10 AC / 4,400 SF

Payment Calculator

$7,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 629 West Nickerson Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 700 - Queen Anne/Magnolia
  • Effective Year Built Source: Public Records
  • Directions: Heading west on Nickerson St. left hand side of street mid block
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 3.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Amenities: Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Brick, Cement Planked
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water/Sewer/Garbage: 4115
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 12
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Size Source: County
  • Parcel Number Free Text: 7443000725
  • Calculated Square Footage: 3120
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3120.0
  • 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: 2
  • Vacancy Rate: 4
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 18542
  • Gross Adjusted Income: 70260
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: $72,420
  • Insurance Expense: $1,200
  • Net Operating Income: $51,718
  • Other Expenses: $0
  • Total Monthly Income: 6099
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 719
  • Rent Unit 1: $1,495.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 795
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 707
  • Rent Unit 3: $1,195.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 618
  • Rent Unit 4: $1,445.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2839.0
  • Leasable Area Units: Square Feet

Property History for 629 West Nickerson 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 629 West Nickerson Street

Taxable ValueLand$770,000Additions$464,000Total$1,234,000
Tax Record2022$10,732 ($894 / month)
Home Facts
Total Finished SqFt3,120 SqFtAbove Ground SqFt3,120 SqFtStories2Lot Size4,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955Year Renovated1988ZoningLR3 RC (M)CountyKINGAPN744300-0725

Schools near 629 West Nickerson Street

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 8
Rating
School
Distance
Coe Elementary School
PublicK to 5

Mcclure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Cascade Parent Partnership Program
PublicK 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 Lee & Associates Commercial RE

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.