LISTING DETAILS

2611 3rd Ave W

2611 3rd Ave W Seattle WA 98119

Listing #: 681636 | Status: Available | Last Modified: 8/2/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	172,272
Vacancy Factor %	3.00%
Operating Expenses	28,888
Net Operating Income	138,215
CAP Rate	5.21 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00
Total Units	4

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	5.214

Building Information
Building Status	Existing
# of Buildings	2
# of Floors	3
# of Units	4
# of Elevators	0
A/C	Yes
Total Building SF	5,010 SF
Net Rentable Area	5,010 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	4,356 SF
Acres	0.1
Year Built	2024
Year Renovated	2023
Sprinklers	Yes
Construction Type	Wood

Property Type
Property Type	Multi-Family

Location
County	King
Cross Street	W Raye St
Market Area	Queen Anne/Magnolia
Tax ID #	0976000235
Zoning	LR1 (M)

Parking Information
#Covered Spaces	0
# Uncovered Spaces	0
Total Parking Spots	0

Queen Anne Fourplex

Public Comments

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.

2611 3rd Ave W
2611 3rd Ave W Seattle WA 98119

Listing #: 681636 | Status: Available | Listing Date: 5/16/2024 | Last Modified: 8/2/2024 | Email Listing

For Sale

2611 3rd Ave W

Listing Images