812 29th Ave S $4,400,000

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    812 29th Ave S Seattle, WA 98144

    • 0 Beds
    • 0 Baths
    • 6,408 sq.ft.
    • Multi-Family
    Listing# 1470147 | Active
    Days On Market: 137 8 Views
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    Property Details

    Amazing opportunity to own two 4 plex buildings and one vacant lot in the epicenter of a hot thriving urban community. 3 lots totaling 15,000sq ft, all zoned LR2 for massive future development potential! Or improve current building interiors to increase already steady rents. Just 7 blocks away from the cool Jackson/23rd project that will provide grocery stores, shops, restaurants & a beautiful public promenade. Great income investment with sweet development possibilities!

    • General Features
      • County King
      • County King
      • Lot Details Curbs, Open Space, Paved Street, Sidewalk, Value In Land
      • Lot Square Footage 15,000
      • Number of Stories 3
      • Number of Units 8
      • Site Features Deck
      • Style 55-5-9 Units
      • View Territorial
      • Year Built 1963
    • Building Features
      • Roof Flat
      • Exterior Stucco
      • Amenities Coin Op Laundry
      • Approx SqFt 6,408
      • Floor Covering Laminate Tile, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $11,200
      • Net Operating Income $35,153
      • Gross Scheduled Income $102,000
      • Gross Adjusted Income $66,847
      • Total Expenses $35,153
      • Other Expenses $0
      • Insurance Expenses $5,118
      • Expenses $35,153
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 49
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $16,235
      • Energy Source Electric
      • Heating and Cooling Baseboard, Wall
      • Water Company Seattle Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Garfield High
      • Junior High Wash Mid
      • Elementary School Thurgood Marshall El

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    Neighborhood

    98144 (Seattle) Demographics

    38Median Age
    8,842Population Density (per sq. mile)
    54%College Educated
    $66,982 Estimated Median Income
    5,758Estimated Total Home Owners
    6,836Estimated Total Renters
    46% / 54%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    30,090Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $711,200 Median Sales Price
    33 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: $4,400,000
        6/6/2019 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.