Listed by Coldwell Banker Bain, Bought with RE/MAX Eastside Brokers, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
4,386 Sq Ft
5,000 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $1,900,000 $433 Per Sq Ft

14 Days on Market

Highlights

  • Mountain View
  • Deck
  • High Speed Internet
  • Mercer International Middle School Rated A-
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of June 2018

Prime North Beacon Hill 6-plex within 10 minutes of downtown Seattle, International District, & Capitol Hill. First time available since 1968, this building presents an unique opportunity to update units & increase rental income or buy & hold for future development utilizing the existing LR3 zoning. All units are 2 bed/1 bath & top floor units have east views toward Cascade Mtns. Conveniently located less than 1 mile from Beacon Hill Link Light Rail station, coffee shops, restaurants, & grocery.

Last Agent to Sell the Property

Joseph Overland

Coldwell Banker Bain License #80666 Listed on: 04/06/2018

Coldwell Banker Bain

Co-Listed By

Franz Diessner

Coldwell Banker Bain License #106138

Last Buyer's Agent

Jonathan Villalobos

RE/MAX Eastside Brokers, Inc. License #76815

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1269485

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,859

Year Built

  • Built in 1968

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property

Property Views

  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,386 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • N Beacon Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7133300010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,859

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1968
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4386
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Flat, Torch Down
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 8718

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7133300010
  • Lot Size Acres: 0.1148
  • Lot Size: 50x100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 9061

Multi Family

  • Gross Scheduled Income: 108000
  • Net Operating Income: 84131
  • Number Of Units Total: 6
  • Electric Expense: 1072
  • Insurance Expense: 4100
  • Leasable Area: 4386
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7859

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $1,900,000 +26.8% $433 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $1,498,880 -- $342 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1269485

Northwest Multiple Listing Service (NWMLS)