1200 5th Ave N $1,980,000

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    1200 5th Ave N Seattle, WA 98109

    • 0 Beds
    • 0 Baths
    • 2,928 sq.ft.
    • Multi-Family
    Listing# 1496558 | Active
    Days On Market: 86 3 Views
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    Property Details

    Investors/Developers attention 5-9 plex - 5000 sf, L-3 zoned corner lot with 5 unit view bldg. Huge upside potential. Neighbor just build a new multi- family w/5 townhomes + 2 attached garages. Increase income & appal w/small changes; remodel kitchens/redevelop property to significantly raise income.Possible additional unit. Hardwood floors, spacious rooms, carpets most units, Storage locker for each unit. Some views from 1, 3 & 5. Close to Gates Foundation, Lake Union City Center. Make Offer.

    • General Features
      • County King
      • County King
      • Lot Details Corner Lot, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 5,000
      • Number of Stories 2
      • Number of Units 5
      • Selling Office Commission 2.5
      • Site Features Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, RV Parking
      • Style 55-5-9 Units
      • Year Built 1958
    • Building Features
      • Roof Flat, Torch Down
      • Exterior Brick, Wood
      • Amenities Basement, Coin Op Laundry
      • Approx SqFt 2,928
      • Floor Covering Ceramic Tile, Hardwood, Vinyl
    • Financials
      • Total Monthly Income $7,150
      • Net Operating Income $0
      • Gross Scheduled Income $85,800
      • Gross Adjusted Income $0
      • Total Expenses $23,150
      • Other Expenses $0
      • Insurance Expenses $3,679
      • Expenses $23,150
      • Heating Expenses $0
      • Electrical Expenses $293
      • Gross Rent Multiplier 0
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $13,168
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Baseboard, Radiator
      • Water Company Seattle
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98109 (Seattle) Demographics

    33Median Age
    12,959Population Density (per sq. mile)
    77%College Educated
    $90,834 Estimated Median Income
    4,153Estimated Total Home Owners
    10,576Estimated Total Renters
    28% / 72%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    25,906Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $765,000 Median Sales Price
    27 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,980,000
        10/17/2019 7:41:19 PM Price Reduced Source New Value: $1,980,000 -2.98%
        8/26/2019 7:21:16 PM Price Reduced Source New Value: $2,040,900 -0.49%
        7/27/2019 5:31:00 PM New in Database Source New Value: $2,050,900

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.