1330 12th Ave S $2,945,000

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    1330 12th Ave S Seattle, WA 98144

    • 0 Beds
    • 0 Baths
    • 7,562 sq.ft.
    • Multi-Family
    Listing# 1502941 | Active

    $2,945,000

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    Days On Market: 12 0 Views
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    Property Details

    The North Beacon Flats were constructed in 1962. The building consists of 12 residential apartments and a large basement including storage, which could potentially be converted into one or more additional units. The property is situated on a relatively flat, rectangular 12,000 sf lot (100’ x 120’) zoned low rise (LR3), featuring approximately 2,500 sf of excess land in the front. The high-density zoning allows for development up to 4 stories. Located in designated opportunity zone.

    • General Features
      • County King
      • Style 56-10+ Units
      • Number of Stories 3
      • Number of Units 12
      • Year Built 1962
      • Lot Square Footage 12,000
      • County King
    • Building Features
      • Approx SqFt 7,562
      • Roof Flat
      • Exterior Cement/Concrete
      • Amenities Coin Op Laundry
    • Financials
      • Total Monthly Income $17,640
      • Net Operating Income $141,107
      • Gross Scheduled Income $211,680
      • Gross Adjusted Income $205,330
      • Total Expenses $64,223
      • Other Expenses $23,028
      • Insurance Expenses $4,200
      • Expenses $64,223
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 14
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $24,800
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle

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    Neighborhood

    98144 (Seattle) Demographics

    38Median Age
    8,842Population Density (per sq. mile)
    54%College Educated
    $66,982 Estimated Median Income
    5,758Estimated Total Home Owners
    6,836Estimated Total Renters
    46% / 54%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    30,090Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $690,000 Median Sales Price
    31 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: $2,945,000
        8/8/2019 11:51:00 AM New in Database Source

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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.