5107 42nd Ave S $750,000

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    5107 42nd Ave S Seattle, WA 98118

    • 0 Beds
    • 0 Baths
    • 2,550 sq.ft.
    • Multi-Family
    Listing# 1518118 | Pending
    Days On Market: 36 8 Views
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    Property Details

    INVESTORS! Opportunity knocks! This corner lot property is a block off of Rainier Ave. S. in the heart of the toney area of Columbia City. Walk to all of the amenities that are available in the neighborhood. Shops, multi venue restaurants, PCC, etc. 89 Walkscore. Small repairs & some paint will be a real gem for an investor looking to gain the upside of the rental market. Rents are well below market. 3-2bd/1ba units. Or develop into a larger complex. 24 units going in next door, same LR2 zoning.

    • General Features
      • County King
      • County King
      • Lot Details Corner Lot, Dead End Street, Paved Street, Sidewalk
      • Lot Square Footage 5,390
      • Number of Stories 2
      • Number of Units 3
      • Site Features Cable TV
      • Style 53-Tri-plex
      • Year Built 1959
    • Building Features
      • Roof Torch Down
      • Exterior Wood
      • Amenities Coin Op Laundry
      • Approx SqFt 2,550
      • Floor Covering Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $2,925
      • Net Operating Income $21,798
      • Gross Scheduled Income $34,800
      • Gross Adjusted Income $33,060
      • Total Expenses $13,002
      • Other Expenses $1,823
      • Insurance Expenses $1,328
      • Expenses $13,002
      • Heating Expenses $0
      • Electrical Expenses $227
      • Gross Rent Multiplier 21
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $5,607
      • Energy Source Electric
      • Heating and Cooling Forced Air
      • Water Company City of Seattle
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Franklin High
      • Junior High Mercer Mid
      • Elementary School Hawthorne

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    Neighborhood

    98118 (Seattle) Demographics

    38Median Age
    7,152Population Density (per sq. mile)
    44%College Educated
    $56,745 Estimated Median Income
    9,128Estimated Total Home Owners
    6,911Estimated Total Renters
    57% / 43%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    44,686Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $549,950 Median Sales Price
    49 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: $750,000
        9/14/2019 3:51:09 PM Status Changed Source New Value: Pending
        9/12/2019 9:11:00 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.