3411 33rd Ave W

    Seattle, WA 98199
    • $1,250,000
    • STATUS: Pending
    • ON SITE: 31 days
    • ID#: 1518898
    Under Contract
    UPDATED: 33 min ago
    $1,250,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,650
      SQFT
    • $342
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    Attractive 4 unit offers an investor the opportunity to own a building in an ideal Seattle location, a quiet residential neighborhood. 15-minute commute to Seattles thriving downtown area. The 4 unit features 2 separate buildings, including 2 spacious townhouse styled units. Value-add opportunity with minor renovations. Capitalize on the significant rental upside, while land banking for future development. Lot zoned LR-1 (M) with a 5,664 SF.

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    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 2019-10-18T17:17:36.08.

    www.thekendratoddgroup.com/homes/99006789

    3411 33rd Ave W Seattle, WA 98199

    • Price: $1,250,000
    • Status: Pending
    • Updated: 33 min ago
    • ID#: 1518898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,650
    SQFT
    $342
    $/SQFT
    1991
    Built
    Neighborhood:
    Magnolia
    County:
    King
    Area:
    Queen Anne/Magnolia
    School District:
    Seattle
    Property Description
    Attractive 4 unit offers an investor the opportunity to own a building in an ideal Seattle location, a quiet residential neighborhood. 15-minute commute to Seattles thriving downtown area. The 4 unit features 2 separate buildings, including 2 spacious townhouse styled units. Value-add opportunity with minor renovations. Capitalize on the significant rental upside, while land banking for future development. Lot zoned LR-1 (M) with a 5,664 SF.
    Exterior Features

    Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 2 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 4 Uncovered Spaces 2

    Interior Features

    Floor Covering Laminate HardwoodLaminate TileVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 880 Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 945 Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 880 Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 945 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 4.76 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 80200 Gross Rent Multiplier 15 Gross Scheduled Income 82680 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1400 Leased Items None Net Operating Income 59526 New Construction YN No Other Expenses 5400 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 9074 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 20674 Total Expenses TEX 20674 Total Monthly Income 6890 Unit1 Monthly Rent 1375 Unit2 Monthly Rent 1535 Unit3 Monthly Rent 1500 Unit4 Monthly Rent 1960 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 4800 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 2019-10-18T17:17:36.08.

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