Prepared by https://www.commercialmls.com
1925 4th Ave W Seattle WA 98119
Listing #: 680011 | Status: Pending | Last Modified: 8/14/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 67,830 |
Vacancy Factor % | 5.00% |
Operating Expenses | 22,913 |
Net Operating Income | 41,525 |
CAP Rate | 2.14 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Total Units | 3 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 2.141 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 2 |
# of Units | 3 |
Total Building SF | 3,310 SF |
Net Rentable Area | 3,310 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 7,200 SF |
Acres | 0.17 |
Year Built | 1963 |
Construction Type | Brick, Wood |
Property Type | |
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Property Type | Multi-Family |
Investment | Yes |
Location | |
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County | King |
Market Area | Queen Anne/Magnolia |
Tax ID # | 2397100865 |
Zoning | NR3 |
We are pleased to present the exclusive listing of the Queen Anne Triplex, located in a quiet residential pocket at the top of Queen Anne Hill. The triplex consists of 3 – 2 bedroom/1 bathroom units that have all been updated since 2018. On the 7,200 SqFt lot, there is a front and backyard, 3 off-street parking spaces, and a 2-car garage that has had its roof replaced. The plumbing systems have been updated with a mix of copper and PEX but there is a small amount of original galvanized pipe. This property has been passively managed for the last few years and is ready for a new owner to take it to the next level. Rents are significantly below market, but all tenants are on month-to-month leases. The top floor unit can be vacant at closing, creating a great opportunity for an owner-user. T
Queen Anne Triplex
1925 4th Ave W Seattle WA 98119
Listing #: 680011 | Status: Pending | Listing Date: 4/8/2024 | Last Modified: 8/14/2024 | Email Listing