2229 42nd Ave SW

    Seattle, WA 98116
    • $5,900,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: 1517692
    New On Site 6 Days Ago
    UPDATED: 90 min ago
    $5,900,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,616
      SQFT
    • $404
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Real Estate/Psr Inc.

    Description

    Arctic Manor Apartment is a 15 unit, 3 level brick building in the very desirable North Admiral area of West Seattle. Most of the units have updated bathrooms, kitchen countertops and flooring. Windows and sliding glass doors have all been updated to vinyl framed. Electrical panels were all recently replaced. New sewer line. Top quality PVC Membrane Roof. Assigned parking space for each unit. Common area laundry and storage. Turn-key opportunity, first time on the market in 43 years.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-18T00:16:42.373.

    www.thekendratoddgroup.com/homes/98869573

    2229 42nd Ave SW Seattle, WA 98116

    • Price: $5,900,000
    • Status: Active
    • Updated: 90 min ago
    • ID#: 1517692
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    14,616
    SQFT
    $404
    $/SQFT
    1965
    Built
    Neighborhood:
    North Admiral
    County:
    King
    Area:
    West Seattle
    School District:
    Seattle
    Property Description
    Arctic Manor Apartment is a 15 unit, 3 level brick building in the very desirable North Admiral area of West Seattle. Most of the units have updated bathrooms, kitchen countertops and flooring. Windows and sliding glass doors have all been updated to vinyl framed. Electrical panels were all recently replaced. New sewer line. Top quality PVC Membrane Roof. Assigned parking space for each unit. Common area laundry and storage. Turn-key opportunity, first time on the market in 43 years.
    Exterior Features

    Building Condition Very Good Carport Spaces 6 Exterior Brick Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyPaved StreetSidewalk Roof Flat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 15 Uncovered Spaces 9 View City

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 725 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 925 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 660 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 830 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 1 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 925 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 660 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities BasementCoin Op LaundryStorage Bank Owned No Cap Rate 3.70 Electrical Expenses 1145 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 267720 Gross Rent Multiplier 22 Gross Scheduled Income 267720 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5444 Leased Items None Net Operating Income 216093 New Construction YN No Other Expenses 5315 Possession Sub. Tenant's Rights Power Company Seattle City Light Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Seattle Tax Amount 29693 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 51627 Total Expenses TEX 51627 Total Monthly Income 22310 Unit1 Monthly Rent 1495 Unit2 Monthly Rent 1850 Unit3 Monthly Rent 1250 Unit4 Monthly Rent 1750 Unit5 Monthly Rent 1880 Unit6 Monthly Rent 1295 Vacancy Rate 0 Water Company City Of Seattle Water Sewer Garbage 10030 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-18T00:16:42.373.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Windermere Real Estate/Psr Inc.