4711 Sand Point Way NE, Seattle, WA 98105
- $1,595,000
- 4,135
- SqFt
Listing courtesy of Prolink Realty, LLC.
- List Price
- $1,595,000
- Status
- ACTIVE
- MLS#
- 2562708
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,135
- Area Total SqFt
- 4135
- Annual Tax Ammount
- 15989
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,521
- Sewer
- Sewer Connected
Property Description
Pinecrest Apartments is a rare 4-unit investment opportunity in Seattle's University District/Sand Point corridor. The property consists of four separately titled condominium units, each with a 25% undivided interest, creating flexibility for investors seeking a single asset with future individual unit disposition potential. The building features four spacious 2-bedroom, 1-bath residences ranging from 835-859 SF. Functional floor plans may offer potential for a 3-bedroom configuration, subject to buyer verification. Each unit includes individually metered water, off-street parking, a private deck, and garden space. Shared basement amenities include a laundry room and storage area. Ideally located directly across from Seattle Children's Hospital and within walking distance of University Village, the Burke-Gilman Trail, transit, shopping, dining, and major employment centers. A well-maintained investment offering long-term upside in one of Seattle's most desirable rental markets. Existing features include individually metered water, private outdoor spaces, shared laundry, storage lockers, and off-street parking
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Additional Information
- List Date
- 2026-08-19 04:28:12
- Community
- Laurelhurst
- Net Operating Income
- $62,533
- Gross Adjusted Income
- $92,189
- Gross Scheduled Income
- $95,040
- Total Monthly Income
- $7,920
- Insurance Expenses
- $3,742
- Water/Sewer/Garbage Expenses
- $6,030
- Gross Rent Multiplier
- 16.62
- Total Expenses
- $29,656
- Cap Rate
- 3.96
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 4711
- Potential Terms
- Cash, Conventional
- Year Built
- 1952
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet
- Electric Expenses
- 838
- Other Expenses
- 3056
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Sand Point Elem
- Middle School
- Eckstein Mid
- High School
- Roosevelt High
- Total Monthly Income
- $7,920
- Gross Scheduled Income
- $95,040
- Vacancy Rate
- 3
- Gross Adjusted Income
- $92,189
- Tax Year
- 2026
- Insurance Expense
- $3,742
- W/S/G Expenses
- $6,030
- Total Expenses
- $29,656
- Net Operating Income
- $62,533
- Gross Rent Multiplier
- 16.62
- Cap Rate
- 3.96
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.