The Magnolia 4 Apartments consists of a triplex building and a standalone Townhouse that backs up to protected greenbelt behind the property. This is a great owner-occupant opportunity located on a large 6,000 sqft. lot zoned LR3-RC (M). Good unit mix of 1, 2 and 3 bedrooms. This is a low-maintenance property with rental income upside. The "Mag 4" is conveniently positioned on the north end of Magnolia along Government Way providing easy access to Discovery Park, Magnolia Village, Elliott Bay Bike Trail and is walking distance to Metropolitan Market.
Listing courtesy of NWMLS / Westlake Associates, Inc.
Last checked:
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Last updated Aug 18, 2023
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MLS# 2074553 —
The Building
Year Built:
1957
New Construction:
false
Structure Type:
Quadruplex
Exterior Features:
Brick, Wood
Roof:
Composition
Units In Building Total:
4
# of Units Total:
4
Stories Total:
2
Building Area Total:
3180
Building Area Units:
Square Feet
Calculated SqFt:
3180
Interior
Interior Features:
Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
Furnished:
Unfurnished
Flooring:
Ceramic Tile, Laminate, Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Cash
Location
Latitude:
47.660232
Longitude:
-122.399376
Directions:
From Downtown Seattle take Elliott Ave W toward Ballard. East on W Dravus St. Right on 20th Avenue W, follow until it becomes W. Government Way. Site is on the right after passing 32nd Ave W.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
4235400175
Lot Features:
Paved, Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.1377
Lot Size SqFt:
6000
Lot Size Source:
King County Assessor
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) 505-9400
Office phone:
(206) 505-9400
Taxes
Tax Year:
2023
Tax Annual Amount:
12299
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Forced Air, Insert
Utilities
Sewer:
Sewer Connected
Water Sewer Garbage:
6500
Schools
High School District:
Seattle
The Community
Subdivision Name:
Magnolia
Senior Community:
false
Association:
false
Parking
Parking Total:
2
Parking Uncovered Spaces:
2
Open Parking:
true
Open Parking Spaces:
2
Carport:
false
Listing courtesy of NWMLS / Westlake Associates, Inc.
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).
Sale history
Date
Event
Source
Price
% Change
8/18/23
Aug 18, 2023
Sold
NWMLS
$1,625,000
-9.5%
7/19/23
Jul 19, 2023
Pending
NWMLS
$1,795,000
5/30/23
May 30, 2023
Relisted
NWMLS
$1,795,000
105.1% (10.8% / YR)
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No additional history available
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Multifamily
Sold
on 8/18/2023
$1,625,000
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Listing courtesy of NWMLS / Westlake Associates, Inc.
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 Westlake Associates, Inc. and should be verified by the buyer.
Checking…
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Last updated Aug 18, 2023
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