Stable 5 unit apartment building in excellent east slope Queen Anne location, one block north of Highland Drive, with L-3 zoning and outstanding views of the city, Lake Union, and the Cascade Mountains. The market is overheated for building right now, building costs are high because of all the demand. The Kahala Apartments make a great buy and hold with a potential to redevelop this prime location once the building market slows and building costs settle back to normal.
Listing courtesy of NWMLS / RE/MAX Northwest Realtors
Last checked:
Checking…
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Last updated Dec 1, 2023
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MLS# 1240587 —
The Building
Year Built:
1912
Year Built:
1975
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Quadruplex
Exterior Features:
Wood
Roof:
Composition
Units In Building Total:
5
Foundation Details:
Poured Concrete
# of Units Total:
5
Stories Total:
2
Building Area Total:
4048
Building Area Units:
Square Feet
Calculated SqFt:
4048
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.631246
Longitude:
-122.347937
Directions:
On the west side of 5th Ave N just north of Highland Dr.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Fair
Parcel Number:
6889900276
Lot Features:
Dead End Street,Value In Land
Lot Size Units:
Square Feet
Lot Size Acres:
0.1648
Lot Size SqFt:
7177
Lot Size Source:
KCR
Zoning Class:
Multi-Family
Electric On Property:
false
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(425) 827-3800
Office phone:
(425) 827-3800
Taxes
Tax Year:
2017
Tax Annual Amount:
11344
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Radiator
Utilities
Utilities:
Sewer Connected,Natural Gas Connected
Sewer:
Sewer Connected
Water Sewer Garbage:
6837
Schools
High School District:
Seattle
The Community
Subdivision Name:
Queen Anne
Parking
Parking Total:
5
Open Parking:
false
Carport:
false
Covered Spaces:
5
Listing courtesy of NWMLS / RE/MAX Northwest Realtors
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.
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
7/19/23
Jul 19, 2023
Price Changed
NWMLS
4/23/23
Apr 23, 2023
Listed / Active
NWMLS
3/30/18
Mar 30, 2018
Sold
NWMLS
$2,000,000
111.6% (22.8% / YR)
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Multifamily
Sold
on 3/30/2018
$2,000,000
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Listing courtesy of NWMLS / RE/MAX Northwest Realtors
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 RE/MAX Northwest Realtors and should be verified by the buyer.