3018 5th Avenue W, Seattle, WA 98119

$1,425,000
3,070
SqFt

Listing courtesy of Lake & Company.

List Price
$1,425,000
Status
ACTIVE
MLS#
2215237
Days on Market
220
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
3,070
Area Total SqFt
3070
Annual Tax Ammount
14060
Lot Size (sq ft)
7,200
Sewer
Sewer Connected

Property Description

Modern style triplex (1972), well maintained, located on Seattle’s lovely Queen Anne hill. Units live like own homes w/private accessways. Look out to a lush & verdant 7,200 SF park-like property. High-rent demand property. Each unit incl. w/d, separate hot water heater & electric meters. All have stainless kitchens & updated flooring. Level entry main floor is 2BD/2BA, 1,440 SF + a 440 SF garage & oversized driveway. Lower units are 2BD/1BA, 815 SF, w/private decks & patios & extra high ceilings. Lower level is above grade w/ big windows. 5th Ave W is a quiet street & a well-established residential neighborhood. Across the street begins the campus of SPU. Invest w/proximity to Queen Anne Avenue, SLU, Fremont, Downtown & best of Seattle.

Additional Information

List Date
2023-09-08 01:43:08
Community
Queen Anne
Net Operating Income
$67,080
Gross Adjusted Income
$82,140
Gross Scheduled Income
$82,140
Total Monthly Income
$6,845
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$5,020
Gross Rent Multiplier
17
Total Expenses
$20,080
Cap Rate
4.7
Total Number of Units
3
Unit Name
3018
Potential Terms
Cash Out, Conventional
Year Built
1972
View
Territorial
Roof
Composition, Torch Down
Site Features
Cable TV, Deck, Patio
Energy Source
Electric, Wood
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Mc Clure Mid
High School
Buyer To Verify
Total Monthly Income
$6,845
Gross Scheduled Income
$82,140
Gross Adjusted Income
$82,140
Tax Year
2024
Insurance Expense
$1,000
W/S/G Expenses
$5,020
Total Expenses
$20,080
Net Operating Income
$67,080
Gross Rent Multiplier
17
Cap Rate
4.7
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. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks