This mid-century building offers large units with in-unit laundry and substantial upside through renovations and rent increases. The building is located on a 5,300SF lot zoned LR3 with significant development potential. This offering presents the rare opportunity to purchase a well maintained classic building with a considerable value-add opportunity in one of the nation’s fastest growing markets.
Listing courtesy of NWMLS / Paragon Real Estate Advisors
Last checked:
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Last updated Aug 5, 2023
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MLS# 1871474 —
The Building
Year Built:
1960
Year Built:
1960
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Triplex
Exterior Features:
Wood
Roof:
Built-Up
Units In Building Total:
3
# of Units Total:
3
Stories Total:
2
Building Area Total:
3380
Building Area Units:
Square Feet
Calculated SqFt:
3380
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Not Disclosed
Location
Latitude:
47.717844
Longitude:
-122.291961
Directions:
From downtown Seattle, get on I-5 N from 4th Ave. Follow I-5 N to 5th Ave NE. Take exit 174 from I-5 N. Take NE 125th St to 35th Ave NE.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
8822900136
Lot Size Units:
Square Feet
Lot Size Acres:
0.1217
Lot Size SqFt:
5300
Lot Size Source:
King County
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 623-8880
Office phone:
(206) 623-8880
Taxes
Tax Year:
2021
Tax Annual Amount:
6826
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Electricity Available
Sewer:
Available
Water Sewer Garbage:
8693
Schools
High School District:
Seattle
The Community
Subdivision Name:
Lake City
Senior Community:
false
Association:
false
Parking
Parking Total:
5
Parking Uncovered Spaces:
5
Open Parking:
true
Open Parking Spaces:
5
Carport:
false
Listing courtesy of NWMLS / Paragon Real Estate Advisors
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
3/9/22
Mar 9, 2022
Sold
NWMLS
$1,050,000
5.5%
1/28/22
Jan 28, 2022
Pending
NWMLS
$995,000
1/25/22
Jan 25, 2022
Relisted
NWMLS
$995,000
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No additional history available
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Multifamily
Sold
on 3/9/2022
$1,050,000
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Listing courtesy of NWMLS / Paragon Real Estate Advisors
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Paragon Real Estate Advisors and should be verified by the buyer.
Checking…
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Last updated Aug 5, 2023
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