The Central District 3 offers a unique opportunity to purchase an investment property in the heart of a transforming Central District. The
property is located just a block to the Northeast of two large development sites creating 50,000 square feet of retail space. The Central District 3 allows for a turnkey buyer to purchase the property at a current 5.55% cap rate.
Listing courtesy of NWMLS / Paragon Real Estate Advisors
Last checked:
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Last updated Feb 22, 2023
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MLS# 1371838 —
The Building
Year Built:
1901
Year Built:
1901
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Triplex
Exterior Features:
Wood
Roof:
Composition
Units In Building Total:
3
Foundation Details:
Poured Concrete
# of Units Total:
3
Stories Total:
1
Building Area Total:
3240
Building Area Units:
Square Feet
Calculated SqFt:
3240
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Other
Location
Latitude:
47.600235
Longitude:
-122.29949
Directions:
Head northwest on 7th Ave toward Union St.Turn right onto Pike St.Turn right onto Boren Ave. Slight left after Rainier Center. Turn left onto 25th Ave S. Destination will be on the right.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
1250200390
Lot Size Units:
Square Feet
Lot Size Acres:
0.1102
Lot Size SqFt:
4800
Lot Size Source:
County
Zoning Class:
Multi-Family
Zoning Jurisdiction:
County
Electric On Property:
false
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:
2018
Tax Annual Amount:
6552
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating Cooling Type:
Forced Air
Utilities
Utilities:
Electricity Available
Water Source:
Community
Sewer:
Available
Water Sewer Garbage:
3600
Schools
High School:
Garfield High
High School District:
Seattle
The Community
Subdivision Name:
Central Area
Parking
Open Parking:
false
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
2/22/19
Feb 22, 2019
Sold
NWMLS
$1,105,000
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No additional history available
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Multifamily
Sold
on 2/22/2019
$1,105,000
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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 Feb 22, 2023
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