2611 3rd Ave W
Seattle WA 98119
2611 3rd Ave W
2611 3rd Ave W Seattle WA 98119
Listing #: 681636 | Status: Available | Last Modified: 8/2/2024 |
For Sale
- Phone:(206) 501-5100
- Email:steve.kennedy@compass.com
- Office Name:Compass Washington
- Office Phone:(425) 510-6364
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,750,000.0
- $/SF$ 548.9
- $/Unit$ 687,500.0
- Listing StatusAvailable
- Days on Market134
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income172,272
- Vacancy Factor %3.00%
- Operating Expenses28,888
- Net Operating Income138,215
- CAP Rate 5.21 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units4
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.21 %
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units4
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5010
- Net Rentable Area5010
- Total Office SF
- Largest Contiguous SF
- Lot SF4356
- Acres0.1
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetW Raye St
- Market AreaQueen Anne/Magnolia
- Tax ID #0976000235
- Additional Parcels
- ZoningLR1 (M)
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built2024
- Year Renovated2023
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeWood
Queen Anne Fourplex
Unique income-generating property in lively Queen Anne. This four unit multi-family is comprised of a new construction standalone home with ADU and detached 1910 duplex. Upgrades: Interior soundproofing, plumbed for portable A/C & en suite baths for ultimate privacy & enjoyment. 2,450 sq ft over 3 levels featuring a full kitchen and dining area, 8 bedrooms, 8 baths & 2 washers & dryers. Lower level ADU Apartment features 2 beds, 2 baths with full kitchen & laundry. 1910 duplex features one bedroom units with full baths and laundry in unit. Long term leases with options for renewal and rent increase in place.
