914 West Emerson Street
914 West Emerson Street
Seattle, WA 98119
$2,500,000
Price
16
Beds
4
Baths
4,140 Sq. Ft.
$604 / Sq. Ft.
4,140
Sq. Ft.
$604
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate Midtown
Description
If you’ve been looking for a comprehensive addition to your investment portfolio, look no further! Located on the north side of Queen Anne just two blocks from the Seattle Pacific University campus, these 2 standalone rooming houses offer limitless potential to generate rental income. Built in 2020 and certified 4-Star Built Green with contemporary finishes, full appliance packages, plus conveniences like ductless mini-splits providing high-efficiency heat & A/C, each home offers 8 rentable bedrooms,...If you’ve been looking for a comprehensive addition to your investment portfolio, look no further! Located on the north side of Queen Anne just two blocks from the Seattle Pacific University campus, these 2 standalone rooming houses offer limitless potential to generate rental income. Built in 2020 and certified 4-Star Built Green with contemporary finishes, full appliance packages, plus conveniences like ductless mini-splits providing high-efficiency heat & A/C, each home offers 8 rentable bedrooms, 2 bathrooms, spacious common areas plus in-unit laundry. With easy access to Ballard, Fremont, & downtown, plus miles of bike paths along the Burke-Gilman via the Ship Canal Trail. Fully leased, please do not disturb tenants or access property.
- Listed by Larry Wilcynski • Windermere Real Estate Midtown
- Listed by Dan Wilcynski • Windermere Real Estate Midtown
Property Details for 914 West Emerson Street
Community Name
Queen Anne
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces1
Total Covered Parking0
Entry Date05-15-2023
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate Midtown![]()
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LISTING UPDATED: 04/24/2024 07:02 PM
Property Details for 914 West Emerson Street
| Status | Active |
|---|---|
| MLS # | 2067816 |
| Days on Market | 349 |
| Cumulative Days on Market | 348 |
| Taxes | $18,137 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2020 |
| Lot Size | 0.05 AC / 1,988 SF |
| County | King County |
Location
Listing Courtesy of Windermere Real Estate Midtown![]()
Add your commute
Building Information for 914 West Emerson Street
Stories3Residences2Year Built2020Building Size-Lot Size0.05 AC / 1,988 SF
Payment Calculator
$15,155 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,644
Property Taxes
$1,511
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 914 West Emerson Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Partially, High Speed Internet
- Area: 700 - Queen Anne/Magnolia
- Elementary School: Queen Anne
- Middle Or Junior School: Mc Clure Mid
- High School: Lincoln High
- Directions: From W Nickerson Way, head South on 6th Ave W and then turn Right on W Emerson St. Property about 2 1/2 block up on the right or North side of street.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
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: Vinyl Plank
- Features: Ductless HP-Mini Split
- Cooling: Yes
- Cooling: Ductless HP-Mini Split
- Fireplace: No
- Heating: Yes
- Heating: Ductless HP-Mini Split, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked, Wood Products
- Roof: Flat
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Seattle City Light
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete, Slab
- Zoning Class: Multi-Family
- Environmental Certification: Built Green™
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 24
Lot Information
- Lot Details: Paved
- Lot Number: Unit Lot Z
- Lot Size Source: KCR
- Parcel Number Free Text: 7443001366
- Building Condition: Very Good
- Calculated Square Footage: 4140
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4140.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Building Verification Type: Built Green™
- Green Verification Built Green Rating: 4-Star
Multi Family
Building Details
- Number of Uncovered Spaces: 1
- Number of Stories in Building: 3
- Vacancy Rate: 2
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 30737
- Gross Adjusted Income: 147000
- Gross Rent Multiplier: 16.67
- Gross Scheduled Income: $150,000
- Insurance Expense: $9,600
- Net Operating Income: $116,263
- Other Expenses: $3,000
- Total Monthly Income: 12500
- Fuel Expense: $0
Unit 1
- Name Unit 1: 914
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 2070
- Rent Unit 1: $6,250.00
- Bedrooms Unit 1: 8
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 912
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 2070
- Rent Unit 2: $6,250.00
- Bedrooms Unit 2: 8
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4140.0
- Leasable Area Units: Square Feet
Property History for 914 West Emerson Street
| 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 914 West Emerson Street
Taxable ValueLand$308,000Additions$786,000Total$1,094,000
Tax Record2022$9,117 ($760 / month)
Home Facts
Beds8Total Finished SqFt2,100 SqFtAbove Ground SqFt2,100 SqFtStories3Lot Size1,988 SqFtStyleTownhouseYear Built2020ZoningLR1 (M)CountyKINGAPN744300-1366
Schools near 914 West Emerson 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 Windermere Real Estate Midtown
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.