7504 24th Ave NW $1,375,000

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    7504 24th Ave NW Seattle, WA 98117

    • 0 Beds
    • 0 Baths
    • 3,030 sq.ft.
    • Multi-Family
    Listing# 1514472 | Active
    Days On Market: 46 5 Views
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    Property Details

    Ballard Development Duo: 4,000+ SF lot holds two handsome vintage rowhouse-style postwar apartments, fastidiously maintained. Potential to multiply its investment value by adding two basement rental units plus two additional townhouses with garages off the alley. Or demolish the existing structures and develop the entire site as six new townhouses of 7,000 SF. Survey + architectural capacity study from Cornerstone Architects illustrating each development option along with a survey available.

    • General Features
      • County King
      • County King
      • Lot Details Alley, Curbs, Paved Street, Sidewalk, Value In Land
      • Lot Dimensions Approx 100 x 40
      • Lot Square Footage 4,008
      • Number of Stories 3
      • Number of Units 2
      • Site Features Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
      • Style 52-Duplex
      • Year Built 1942
    • Building Features
      • Roof Compostion
      • Exterior Metal/Vinyl, Wood
      • Amenities Basement
      • Approx SqFt 3,030
      • Floor Covering Hardwood
    • Financials
      • Total Monthly Income $3,850
      • Net Operating Income $36,068
      • Gross Scheduled Income $46,200
      • Gross Adjusted Income $44,352
      • Total Expenses $8,284
      • Other Expenses $0
      • Insurance Expenses $1,200
      • Expenses $8,284
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 29
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $7,084
      • Energy Source Natural Gas
      • Heating and Cooling Forced Air
      • Water Company Seattle Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Ballard High
      • Junior High Whitman Mid
      • Elementary School Loyal Heights

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    Neighborhood

    98117 (Seattle) Demographics

    41Median Age
    8,480Population Density (per sq. mile)
    75%College Educated
    $95,721 Estimated Median Income
    9,962Estimated Total Home Owners
    4,077Estimated Total Renters
    71% / 29%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,682Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $740,000 Median Sales Price
    45 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: $1,375,000
        9/5/2019 4:51:00 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.