1421 2nd Ave N Unit 1-11 $3,875,000


    1421 2nd Ave N Unit 1-11 Seattle, WA 98109

    • 0 Beds
    • 0 Baths
    • 11,760 sq.ft.
    • Multi-Family
    Listing# 1526119 | Active
    Days On Market: 15 0 Views
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    Property Details

    On top of Queen Anne hill just blocks from Queen Anne Ave, Kerry Gardens is a charming brick-veneer building. It has already undergone major system updates (tuck pointing, plumbing, electrical/heating, double-pane windows, new roof) and has potential for the addition of a 12th unit (buyer to verify). Opportunity to update unit cosmetics to achieve market rents. Located blocks to Queen Anne Aves bustling retail scene yet situated on a tree-lined street in a high-end residential neighborhood.

    • General Features
      • County King
      • County King
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 8,500
      • Number of Stories 3
      • Number of Units 11
      • Site Features Cable TV, Fenced-Partially, Gas Available
      • Style 56-10+ Units
      • Unit 1-11
      • Year Built 1910
    • Building Features
      • Roof Flat, Torch Down
      • Exterior Brick, Wood, Wood Products
      • Amenities Coin Op Laundry, Thermal Windows
      • Approx SqFt 11,760
      • Floor Covering Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $19,942
      • Net Operating Income $163,043
      • Gross Scheduled Income $239,300
      • Gross Adjusted Income $229,728
      • Total Expenses $66,685
      • Other Expenses $26,394
      • Insurance Expenses $2,827
      • Expenses $66,685
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 15
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $25,127
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Ballard High
      • Junior High Mc Clure Mid
      • Elementary School John Hay Elementary



    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

    $659,000 Median Sales Price
    29 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: $3,875,000
        10/1/2019 12:02:00 PM 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.