1938 11th Ave W, Seattle, WA 98119

$3,100,000
8,129
SqFt

Listing courtesy of Piper Finlay Real Estate.

List Price
$3,100,000
Status
PENDING INSPECTION
MLS#
1713920
Days on Market
50
Style
55 - 5-9 Units
Building Condition
['Very Good']
Finished SqFt
8,129
Lot Size (sq ft)
9,635

Property Description

Looking to find your dream home or investment property in great area of Seattle? Consider this iconic QA property w/stunning Puget Sound, Marina & Olympic VIEWS from all 7 Units. Very stately bldg. Nice rentals and/or great potential to combine units for your own custom QA residence. Professionally landscaped. Rear alley for access to 5 garages w/level entry to current Owners Unit. High ceilings, big windows, huge dining rooms, charm. All w/large bedroom + large den/office + extra stg. New elec service 2020. Solid pride-of-ownership. Six units have large view decks, one includes a custom awning. Owners unit w/marvelous covered porch, deck, garden space, private side yard. New elec service 2020. Extra street parking on 11th W and Crockett.

Additional Information

List Date
2021-01-05 00:00:00
Community
Queen Anne
Property Type
MULT
Units
7
Stories
3
Potential Terms
Cash Out
Year Built
1909
Total Parking
5
View
Bay, Golf Course, Mountain, Sound
Exterior
Wood
Roof
Built-Up, Flat, Torch Down
Site Features
Deck, Dog Run, Fenced-Partially, Gated Entry, Patio
Lot Details
Alley, Corner Lot, Curbs, Dead End Street, Paved Street, Sidewalk
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Seattle Public Sch
Total Monthly Income
$20,020
Gross Scheduled Income
$231,138
Vacancy Rate
7
Gross Adjusted Income
$214,956
Annual Taxes
$32,359
Tax Year
2020
Insurance Expense
$17,512
W/S/G Expenses
$7,591
Total Expenses
$75,389
Net Operating Income
$139,569
Gross Rent Multiplier
13
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
975
Unit 1 Rent
$2,625
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
975
Unit 2 Rent
$2,600
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
975
Unit 3 Rent
$2,770
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
975
Unit 4 Rent
$2,675
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
905
Unit 5 Rent
$2,550
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
905
Unit 6 Rent
$3,000
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