8805 14th Ave S $1,950,000

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    8805 14th Ave S West Seattle, WA 98108

    • 0 Beds
    • 0 Baths
    • 5,140 sq.ft.
    • Multi-Family
    Listing# 1517590 | Active
    Days On Market: 40 2 Views
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    Property Details

    Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof, gated access and will get new windows. Fully occupied and well maintained with 0% vacancy and excellent financials (attached). RRIO inspection has been successfully passed in 2019. Zoned commercial C2-40 for future growth and development.

    • General Features
      • County King
      • County King
      • Lot Details Paved Street, Sidewalk
      • Lot Dimensions 78 x 100
      • Lot Square Footage 7,800
      • Number of Stories 2
      • Number of Units 10
      • Site Features Cable TV, Fenced-Fully, Gated Entry, High Speed Internet, Patio
      • Style 56-10+ Units
      • Year Built 1959
    • Building Features
      • Roof Built-Up
      • Exterior Brick, Wood
      • Amenities Coin Op Laundry
      • Approx SqFt 5,140
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $10,077
      • Net Operating Income $66,767
      • Gross Scheduled Income $120,928
      • Gross Adjusted Income $89,023
      • Total Expenses $31,905
      • Other Expenses $15,567
      • Insurance Expenses $1,507
      • Expenses $31,905
      • Heating Expenses $0
      • Electrical Expenses $262
      • Gross Rent Multiplier 16
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $7,202
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Seattle Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Sealth High
      • Junior High Denny Mid
      • Elementary School Concord

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    Neighborhood

    98108 (West Seattle) Demographics

    35Median Age
    3,252Population Density (per sq. mile)
    39%College Educated
    $53,411 Estimated Median Income
    4,665Estimated Total Home Owners
    3,671Estimated Total Renters
    56% / 44%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    24,351Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $586,000 Median Sales Price
    17 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: $1,950,000
        9/11/2019 3:41:00 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.