2229 42nd Ave SW $5,900,000

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    2229 42nd Ave SW West Seattle, WA 98116

    • 0 Beds
    • 0 Baths
    • 14,616 sq.ft.
    • Multi-Family
    Listing# 1517692 | Active
    Days On Market: 31 20 Views
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    Property Details

    Arctic Manor Apartment is a 15 unit, 3 level brick building in the very desirable North Admiral area of West Seattle. Most of the units have updated bathrooms, kitchen countertops and flooring. Windows and sliding glass doors have all been updated to vinyl framed. Electrical panels were all recently replaced. New sewer line. Top quality PVC Membrane Roof. Assigned parking space for each unit. Common area laundry and storage. Turn-key opportunity, first time on the market in 43 years.

    • General Features
      • County King
      • Style 56-10+ Units
      • Number of Stories 3
      • Number of Units 15
      • Year Built 1965
      • Lot Details Alley, Paved Street, Sidewalk
      • Lot Square Footage 10,218
      • View City
      • County King
    • Building Features
      • Approx SqFt 14,616
      • Roof Flat
      • Exterior Brick
      • Amenities Basement, Coin Op Laundry, Storage
      • Floor Covering Ceramic Tile, Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $22,310
      • Net Operating Income $216,093
      • Gross Scheduled Income $267,720
      • Gross Adjusted Income $267,720
      • Total Expenses $51,627
      • Other Expenses $5,315
      • Insurance Expenses $5,444
      • Expenses $51,627
      • Heating Expenses $0
      • Electrical Expenses $1,145
      • Gross Rent Multiplier 22
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $29,693
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company City of Seattle
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle

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    Neighborhood

    98116 (West Seattle) Demographics

    42Median Age
    8,537Population Density (per sq. mile)
    70%College Educated
    $87,305 Estimated Median Income
    6,766Estimated Total Home Owners
    5,094Estimated Total Renters
    57% / 43%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    25,234Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $685,000 Median Sales Price
    39 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: $5,900,000
        9/11/2019 2:51:00 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.