1524 14th Avenue S, Seattle, WA 98144
- $1,625,000
- 3,152
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: Redfin Corp..
- Sold Price
- $1,625,000
- List Price
- $1,650,000
- Status
- SOLD
- MLS#
- 1238084
- Closing Date
- Apr 26, 2018
- Days on Market
- 42
- Style
- 53 - Tri-plex
- Finished SqFt
- 3,152
- Area Total SqFt
- 3152
- Annual Tax Ammount
- 9510
- Lot Size (sq ft)
- 4,400
- Sewer
- Sewer Connected
Property Description
Please do not disturb tenants. The property provides a rare opportunity to own a luxury multifamily building near downtown Seattle. Reconstructed as condos, Valentine Terrace is a boutique community of just three apartment homes. Originally built in 1903, the apartments were completely gutted and renovated in 2008, featuring the finest quality upgrades and finishes.
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Additional Information
- List Date
- 2018-03-15 00:00:00
- Community
- N Beacon Hill
- Net Operating Income
- $66,257
- Gross Adjusted Income
- $83,226
- Gross Scheduled Income
- $85,800
- Total Monthly Income
- $7,150
- Insurance Expenses
- $2,088
- Water/Sewer/Garbage Expenses
- $205
- Gross Rent Multiplier
- 19
- Total Expenses
- $16,969
- Cap Rate
- 4.02
- Vacancy Rate
- 3
- Total Number of Units
- 3
- Unit Name
- 1524
- Potential Terms
- Cash Out
- Year Built
- 1903
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, Patio
- Other Expenses
- 4806
- School District
- Seattle
- Total Monthly Income
- $7,150
- Gross Scheduled Income
- $85,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $83,226
- Tax Year
- 2017
- Insurance Expense
- $2,088
- W/S/G Expenses
- $205
- Total Expenses
- $16,969
- Net Operating Income
- $66,257
- Gross Rent Multiplier
- 19
- Cap Rate
- 4.02
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