Listing provided by NWMLS, courtesy of Windermere Real Estate Co.

My notes for this property

Add listing to my favorites (required)
/mo   Edit
MLS# 1446098
Built 1909
0.05 acres
My rating:
Request a Showing:
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Agree to Terms & Conditions

    Thank You

    An agent will contact you soon.

    Description:   6-Unit Apt Bldg + 700 storage room w/ NC2 55 Ft Urban Village zoning. At 38th & Stone Way - this is exciting corner of the city with many new mixed use properties, progressive businesses, etc. Close in location by Gas Works/ Fremont/ Burke Gilman Bike Trail may invite furnished apt/ short stay/ AirBnB uses, as well as hair salon, CPA, Attorney offices, etc. Really fun old bldg now all renovated systems & finishes, 1700 sq ft owner's penthouse w/ view.


    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 700 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 5,451 ft²
    Energy Source: Natural Gas
    Heating and Cooling: Wall
    Floor Covering: Ceramic Tile, Hardwood, Vinyl
    Features: Signage Included, Sprinklered


    Sewer: Sewer Connected


    City: Seattle
    State: WA
    Zip Code: 98103
    Area: 705
    County: King
    Latitude: 47.65287300
    Longitude: -122.34204600


    Year Built: 1909
    Foundation: Poured Concrete
    Roof: Flat
    Exterior: Wood Products
    Ceiling Height: 7' office / 10' Apt's
    Power Service in AMPS: 0


    Depth of Lot: 60
    Lot Sq Ft: 2,158 ft²
    Lot Number: 11


    Community Name: Wallingford
    Number of Available Pads: 0
    General Zoning Classification: Commercial
    Zoning Jurisdiction: City
    Site Frontage: 37


    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $14,210
    Electrical Expenses: 480
    Total Expenses: 34269
    Tax Year: 2019
    Gross Scheduled Income: 133200
    Vacancy Rate: 0
    Gross Adjusted Income: 133200
    Total Expenses: 34269
    Net Operating Costs: 98931
    Cap Rate -NOI div LP: 4.40


    Features: Signage Included, Sprinklered

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by NWMLS, courtesy of Windermere Real Estate Co.