215 Valley St

    Seattle, WA 98109
    • $4,700,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 1502209
    UPDATED: 58 min ago
    $4,700,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,123
      SQFT
    • $388
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    2 blocks from Seattle Center in Lower Queen Anne and for sale for the 1st time in 44 yrs. Attractive midcentury exterior, Downtown/Space Needle views, spacious units, 13 off-street parking spaces (4 covered). Walk score of 94: Near dining/shopping in Queen Anne, close to employers in SLU and Downtown. Current income generated is low compared to the market, and the building's amenities and location, when combined with cosmetic updates, should allow for a substantially increased cash flow.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-18T00:15:06.3.

    www.home4investment.com/homes/97668791

    215 Valley St Seattle, WA 98109

    • Price: $4,700,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 1502209
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    12,123
    SQFT
    $388
    $/SQFT
    1967
    Built
    Neighborhood:
    Queen Anne
    County:
    King
    Area:
    Queen Anne/Magnolia
    Elementary School:
    John Hay Elementary
    Middle School:
    Mc Clure Mid
    High School:
    Ballard High
    School District:
    Seattle
    Property Description
    2 blocks from Seattle Center in Lower Queen Anne and for sale for the 1st time in 44 yrs. Attractive midcentury exterior, Downtown/Space Needle views, spacious units, 13 off-street parking spaces (4 covered). Walk score of 94: Near dining/shopping in Queen Anne, close to employers in SLU and Downtown. Current income generated is low compared to the market, and the building's amenities and location, when combined with cosmetic updates, should allow for a substantially increased cash flow.
    Exterior Features

    Carport Spaces 4 Exterior Cement/Concrete Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotCurbsPaved StreetSidewalk Roof FlatTorch Down Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 13 Uncovered Spaces 9 View CityPartialTerritorial

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Radiant Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op LaundryStorageThermal Windows Bank Owned No Cap Rate 3.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 254703 Gross Rent Multiplier 18 Gross Scheduled Income 265315 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 7968 Leased Items Washer/Dryer Net Operating Income 162641 New Construction YN No Other Expenses 29463 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeckFenced-PartiallyHigh Speed InternetPatio Tax Amount 35259 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 92062 Total Expenses TEX 92062 Total Monthly Income 22110 Unit1 Monthly Rent 1787 Unit2 Monthly Rent 1787 Unit3 Monthly Rent 1787 Unit4 Monthly Rent 1787 Unit5 Monthly Rent 1787 Unit6 Monthly Rent 1787 Vacancy Rate 4 Water Sewer Garbage 19373 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-08-18T00:15:06.3.

     
    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Kidder Mathews.