3015 Queen Anne Avenue N Unit #1-6, Seattle, WA 98119

$1,995,000
4,510
SqFt

Listing courtesy of Kidder Mathews.

List Price
$1,995,000
Status
ACTIVE
MLS#
2235702
Days on Market
10
Style
55 - 5-9 Units
Finished SqFt
4,510
Area Total SqFt
4510
Annual Tax Ammount
15403
Lot Size (sq ft)
6,600
Sewer
Sewer Connected

Property Description

Positioned on a corner lot in desirable north Queen Anne Just three blocks from Seattle Pacific University, 3015 Queen Anne Ave N is a fully renovated 6-unit apartment community. Downtown Seattle, with its numerous employment and entertainment options, is easily accessed via public transit, while a variety of restaurants and shops are within easy walking distance. The property boasts upgraded Kitchen and bathrooms featuring in-unit laundry, updated plumbing and electrical systems, and spacious 1-bedroom/1-bathroom and 2-bedroom/1.75 or 2-bath units.

Additional Information

List Date
2024-05-09 20:39:40
Community
Queen Anne
Net Operating Income
$98,647
Gross Adjusted Income
$149,562
Gross Scheduled Income
$157,434
Total Monthly Income
$13,120
Insurance Expenses
$3,956
Water/Sewer/Garbage Expenses
$9,022
Gross Rent Multiplier
12.7
Total Expenses
$50,915
Cap Rate
4.9
Vacancy Rate
5
Total Number of Units
6
Unit Name
3015
Potential Terms
Cash Out, Conventional
Year Built
1955
Roof
Torch Down
Site Features
Patio
Other Expenses
22534
Energy Source
Electric
School District
Seattle
Middle School
Mc Clure Mid
High School
Lincoln High
Total Monthly Income
$13,120
Gross Scheduled Income
$157,434
Vacancy Rate
5
Gross Adjusted Income
$149,562
Tax Year
2024
Insurance Expense
$3,956
W/S/G Expenses
$9,022
Total Expenses
$50,915
Net Operating Income
$98,647
Gross Rent Multiplier
12.7
Cap Rate
4.9
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