5231 40th Ave NE $3,150,000


    5231 40th Ave NE Seattle, WA 98125

    • 0 Beds
    • 0 Baths
    • Multi-Family
    Listing# 1421983 | Pending


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    Days On Market: 192 0 Views
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    Property Details

    Built in 1990, Hawthorne Place features six two-bedroom units and a single one-bedroom unit, as well as a secured parking garage with seven spaces and four rentable storage units. Located a half mile from Seattle Children’s Hospital, less than a mile from the University of Washington, and with close proximity to major highways 520 and I-5, Hawthorne Place provides ready access to the major employers of Seattle, Bellevue, and beyond. Gas applianes & in-unit laundry. Proforma financials provided.

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 2
      • Number of Units 7
      • Year Built 1990
      • Lot Dimensions 80x67x80x67
      • Lot Square Footage 5,392
      • County King
    • Building Features
      • Approx SqFt 0
      • Roof Compostion
      • Exterior Wood
      • Amenities See Remarks
      • Floor Covering Wall to Wall Carpet
    • Financials
      • Total Monthly Income $16,980
      • Net Operating Income $148,029
      • Gross Scheduled Income $213,529
      • Gross Adjusted Income $203,764
      • Total Expenses $55,735
      • Other Expenses $18,063
      • Insurance Expenses $1,268
      • Expenses $55,735
      • Heating Expenses $0
      • Electrical Expenses $142
      • Gross Rent Multiplier 15
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $26,076
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Available
    • Schools
      • School District Seattle



    98125 (Seattle) Demographics

    38Median Age
    7,364Population Density (per sq. mile)
    61%College Educated
    $58,374 Estimated Median Income
    8,638Estimated Total Home Owners
    9,550Estimated Total Renters
    47% / 53%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    39,692Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $575,000 Median Sales Price
    30 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: $3,150,000
        7/31/2019 10:11:21 AM Status Changed Source New Value: Pending
        3/11/2019 2:31:00 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.