8001 Densmore Avenue North
8001 Densmore Avenue North
Seattle, WA 98103
$4,995,000
Price
19
Beds
10
Baths
8,600 Sq. Ft.
$581 / Sq. Ft.
8,600
Sq. Ft.
$581
per Sq. Ft.
Listing provided courtesy of Lee & Associates Commercial RE
Description
Seller Financing available with25%down, at 5% Interest only for 5 years. Desirable & spacious unit mix including two 1-bedrooms, seven 2-bedrooms, and one 3-bedroom which include garages for off street parking or storage. Well-situated nearby amenities & employment drivers. Current below market rents provide future rent upside Well-maintained pride of ownership buildings, provides future investor with current cashflow and peace of mind for key building systems. Please do not disturb or contact tenants...Seller Financing available with25%down, at 5% Interest only for 5 years. Desirable & spacious unit mix including two 1-bedrooms, seven 2-bedrooms, and one 3-bedroom which include garages for off street parking or storage. Well-situated nearby amenities & employment drivers. Current below market rents provide future rent upside Well-maintained pride of ownership buildings, provides future investor with current cashflow and peace of mind for key building systems. Please do not disturb or contact tenants in any way.
- Listed by Christopher Larsen • Lee & Associates Commercial RE
- Listed by Candice Chevaillier • Lee & Associates Commercial RE
Property Details for 8001 Densmore Avenue North
Community Name
Green Lake
School DistrictSeattle
Number of Assigned Spaces8
Total Covered Parking7
Offers Review Date04-26-2024
Entry Date03-29-2024
Energy SourceNatural Gas
SewerSewer Connected
Location
Listing Courtesy of Lee & Associates Commercial RE![]()
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LISTING UPDATED: 04/15/2024 07:14 PM
Property Details for 8001 Densmore Avenue North
| Status | Active |
|---|---|
| MLS # | 2216904 |
| Days on Market | 35 |
| Cumulative Days on Market | 34 |
| Taxes | $37,627 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1945 |
| Lot Size | 0.34 AC / 14,805 SF |
| County | King County |
Location
Listing Courtesy of Lee & Associates Commercial RE![]()
Add your commute
Building Information for 8001 Densmore Avenue North
Stories2Residences10Year Built1945Building Size-Lot Size0.34 AC / 14,805 SF
Payment Calculator
$30,395 per month
30 year fixed, 7.25% Interest
Principal and Interest
$27,260
Property Taxes
$3,136
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 8001 Densmore Avenue North
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 705 - Ballard/Greenlake
- Effective Year Built Source: Public Records
- Directions: Head east on N 80th St
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
- Additional Tax Ids: 0625049071,0625049345
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 1.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Hardwood, Vinyl
- Features: Hardwood
- Cooling: Yes
- Cooling: Other – See Remarks
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 13000
- Power Production Type: Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: County
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1985
- Photos Count: 11
Lot Information
- Lot Details: Corner Lot
- Lot Size Source: County
- Parcel Number Free Text: 0625049345
- Calculated Square Footage: 8600
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 8600.0
- 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: 5
- Number Of Units Total: 10
- Units Below Grade: false
- Units In Building Total: 10
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 84902
- Gross Adjusted Income: 314640
- Gross Rent Multiplier: 15.1
- Gross Scheduled Income: $331,200
- Insurance Expense: $4,000
- Net Operating Income: $260,589
- Other Expenses: $30,275
- Total Monthly Income: 30171
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1518
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 900
- Rent Unit 1: $2,845.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 1516
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 900
- Rent Unit 2: $2,845.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 1514.5
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 600
- Rent Unit 3: $2,195.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 1514
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 900
- Rent Unit 4: $2,845.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 1512.5
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 600
- Rent Unit 5: $2,195.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 1512
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 900
- Rent Unit 6: $2,845.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 8007
- Washer/Dryer Unit 7: true
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 1100
- Rent Unit 7: $3,295.00
- Bedrooms Unit 7: 3
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8005
- Washer/Dryer Unit 8: true
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 900
- Rent Unit 8: $2,845.00
- Bedrooms Unit 8: 2
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 8003
- Washer/Dryer Unit 9: true
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 900
- Rent Unit 9: $2,845.00
- Bedrooms Unit 9: 2
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 8001
- Washer/Dryer Unit 10: true
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Square Feet Unit 10: 900
- Rent Unit 10: $2,845.00
- Bedrooms Unit 10: 2
- Bathrooms Unit 10: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 8600.0
- Leasable Area Units: Square Feet
Property History for 8001 Densmore Avenue North
| 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 8001 Densmore Avenue North
Taxable ValueLand$1,268,500Additions$120,500Total$1,389,000
Tax Record2022$12,227 ($1,019 / month)
Home Facts
Total Finished SqFt3,780 SqFtAbove Ground SqFt3,780 SqFtStories2Lot Size5,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945Year Renovated1985ZoningLR2 (M)CountyKINGAPN062504-9345Fireplace TypeHas Fireplace
Schools near 8001 Densmore Avenue North
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 - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Daniel Bagley Elementary School PublicK to 5 | ||
Robert Eagle Staff Middle School Public6 to 8 | ||
Ingraham High School Public9 to 12 | ||
Education Service Centers Public6 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.
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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.