9099 Seward Park Avenue South

Seattle, WA 98118

$905,000
Last Sold Price
—
Beds
3
Baths
2,420 Sq. Ft.
$374 / Sq. Ft.
2,420
Sq. Ft.
$374
per Sq. Ft.

Description

9099 Mixed-Use is a property with tremendous potential, suitable for a variety of investor profiles including owner-users. The 6-unit property was originally constructed in 1993 and is being offered for sale for the first time by the original owners. 9099 consists of 3 street-level commercial spaces and 3 second-story residential studios. There is upside left in the property, with rents slightly below market and additional opportunities to boost income.9099 Mixed-Use is a property with tremendous potential, suitable for a variety of investor profiles including owner-users. The 6-unit property was originally constructed in 1993 and is being offered for sale for the first time by the original owners. 9099 consists of 3 street-level commercial spaces and 3 second-story residential studios. There is upside left in the property, with rents slightly below market and additional opportunities to boost income.
  1. Listed by Matt Johnston • Pilot Ventures LLC
  2. Listed by Jason Kono • Pilot Ventures LLC

Property Details for 9099 Seward Park Avenue South

Community Name
Rainier Beach
School District
Seattle
View
Lake
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
06-18-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Pilot Ventures LLC

Sold By ZNonMember-Office-MLS

Add your commute
LISTING UPDATED: 03/27/2021 10:37 AM

Property Details for 9099 Seward Park Avenue South

StatusSold
MLS #1619439
Days on Market133
Cumulative Days on Market1245
Taxes$5,754 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1993
Lot Size0.18 AC / 7,926 SF
CountyKing County

Location

Listing Courtesy of Pilot Ventures LLC

Sold By ZNonMember-Office-MLS

Add your commute

Building Information for 9099 Seward Park Avenue South

Stories2Residences6Year Built1993Building Size-Lot Size0.18 AC / 7,926 SF

Payment Calculator

$5,418 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,939

Property Taxes

$480

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9099 Seward Park Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 380 - Southeast Seattle
  • Effective Year Built Source: Public Records
  • Directions: Southeast on Rainier Ave S, left on Seward Park Ave S. Property is on the corner.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Torch Down
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air
  • Water/Sewer/Garbage: 4157
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 21
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: KC Parcel Viewer
  • Parcel Number Free Text: 7129304850
  • Calculated Square Footage: 2420
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2420.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 23953
  • Gross Adjusted Income: 64125
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $66,108
  • Insurance Expense: $1,596
  • Net Operating Income: $40,172
  • Other Expenses: $12,446
  • Total Monthly Income: 5509
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 420
  • Rent Unit 1: $700.00
  • Bedrooms Unit 1: 0
  • Bathrooms Unit 1: 0
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 420
  • Rent Unit 2: $1,009.00
  • Bedrooms Unit 2: 0
  • Bathrooms Unit 2: 0
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 420
  • Rent Unit 3: $950.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 0
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 387
  • Rent Unit 4: $950.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Square Feet Unit 5: 387
  • Rent Unit 5: $950.00
  • Bedrooms Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Square Feet Unit 6: 387
  • Rent Unit 6: $950.00
  • Bedrooms Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2420.0
  • Leasable Area Units: Square Feet

Property History for 9099 Seward Park Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9099 Seward Park Avenue South

Taxable ValueLand$594,400Additions$210,300Total$804,700
Tax Record2022$14,484 ($1,207 / month)
Home Facts
Total Finished SqFt2,420 SqFtAbove Ground SqFt2,420 SqFtStories2Lot Size7,926 SqFtStyleOffice BuildingYear Built1993Year Renovated1994ZoningNC2-55 (M)CountyKINGAPN712930-4850

Schools near 9099 Seward Park Avenue South

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 8
Rating
School
Distance
Emerson Elementary School
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

The New School At South Shore
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.

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 Pilot Ventures 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.