5816 17th Ave NW $1,475,000

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    5816 17th Ave NW Seattle, WA 98107

    • 0 Beds
    • 0 Baths
    • 3,440 sq.ft.
    • Multi-Family
    Listing# 1479804 | Active
    Days On Market: 121 3 Views
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    Property Details

    Rare Upside Investment. Gorgeous Craftsman Legal Four-plex on corner lot. Heart of Seattles coveted Ballard district. Blocks from all amenities(see drone video) Units#1&3-m/m leases. Huge 3 bd unit on 1st floor:beautiful box beam ceilings-craftsman details thru-out; remodeled 2 bd unit on top floor;1 bd unit on top floor; &, large updated studio basement. Plenty of storage, shared laundry. No vacancies for years, most rents now below market. Calculations based on current market rents. Turn-key.

    • General Features
      • County King
      • County King
      • Lot Details Corner Lot, Paved Street, Sidewalk
      • Lot Square Footage 3,900
      • Number of Stories 3
      • Number of Units 4
      • Selling Office Commission 3.0
      • Site Features Deck
      • Style 54-4-Plex
      • View Territorial
      • Year Built 1911
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Amenities Basement, Storage, See Remarks
      • Approx SqFt 3,440
      • Floor Covering Hardwood, Laminate Tile
    • Financials
      • Total Monthly Income $5,800
      • Net Operating Income $51,840
      • Gross Scheduled Income $74,400
      • Gross Adjusted Income $69,600
      • Total Expenses $17,760
      • Other Expenses $0
      • Insurance Expenses $1,336
      • Expenses $17,760
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 20
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $8,991
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Forced Air, Radiant, Radiator, Wall
      • Water Company Seattle Public
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Ballard High
      • Junior High Whitman Mid
      • Elementary School Adams

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    Neighborhood

    98107 (Seattle) Demographics

    35Median Age
    11,031Population Density (per sq. mile)
    78%College Educated
    $81,808 Estimated Median Income
    4,634Estimated Total Home Owners
    7,795Estimated Total Renters
    37% / 63%Estimated Owner / Renter Divide
    4Estimated Average Household Size
    24,179Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $733,000 Median Sales Price
    47 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: $1,475,000
        6/23/2019 1:41:00 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.