714 1st Ave W, Seattle, WA 98119

$1,999,000
3,262
SqFt

Listing courtesy of Better Properties Eastside.

List Price
$1,999,000
Status
ACTIVE
MLS#
1766911
Price Change
▼ $300,000 1620795770
Days on Market
17
Style
53 - Tri-plex
Finished SqFt
3,262
Lot Size (sq ft)
4,800

Property Description

Great opportunity for the developers and investors!! You can occupy the house and rent the other units. House Zoned SMUP 65 (Seattle Mixed Urban Zoning Height 65 Limit). 3,262 SF Queen Ann Apt. Located in the heart of lower Queen Ann, just minutes from downtown.

Additional Information

List Date
2021-05-01 00:00:00
Community
Queen Anne
Property Type
MULT
Units
3
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1900
View
['Bay', 'City', 'Mountain', 'Partial', 'Territorial']
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available
Lot Details
Curbs, Dead End Street, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$3,000
Gross Scheduled Income
$36,000
Vacancy Rate
5
Gross Adjusted Income
$36,000
Annual Taxes
$18,409
Tax Year
2021
Insurance Expense
$1,400
W/S/G Expenses
$2,500
Total Expenses
$24,709
Net Operating Income
$55,091
Gross Rent Multiplier
3570
Cap Rate
1

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
1100
Unit 1 Rent
$3,000
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1100
Unit 2 Rent
$2,500
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
1000
Unit 3 Rent
$1,500
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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