1516 -1518 11th Avenue W Seattle, WA $ 1,650,000
1516 -1518 11th Avenue W
$ 1,650,000
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1516 -1518 11th Avenue W

Seattle, WA, 98119
$ 1,650,000
Baths0.0 Sq 4,170

Monthly Estimate*

$ 10,966

Listed by Real Property Associates
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View a Virtual Tour
Studio

Multi-Family Home for sale in Seattle, WA

for $1,650,000. This 4,170 square foot home was built in 1969 on a lot size of 0.124.

Discover a prime investment opportunity in Queen Anne! This remodeled triplex not only offers spacious 1,390 Sq Ft Units with 2-bedroom, 2-bath, each boasting modern amenities such as washer, dryer, dishwasher, & a patio or deck, but it also presents an excellent investment potential. Located on a quiet street with some mountain and water views, 2024 exterior painted, new roof in 2020, pipes and water main connection updated & off-street parking. This property is primed for long-term success. Whether you're an investor seeking a lucrative addition to your portfolio or an owner-occupier looking to capitalize on rental income, this triplex is a great investment property.

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Multi-Family Pending

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,754

Style

Tri-plex

Lot Size

0.124

Year Built

1969

Town/City

Seattle

County/Region

King

MLS | Web ID

2207060

Features
General
Interior Features Ceramic Tile Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Torch Down
Exterior Features Cement/Concrete
HOA 0
Year Built 1969
View Mountain(s) Sound Territorial
Property SubType Multi-Family
Tax Year 2023
County King
Net Operating Income 76999
Insurance Expense 1556
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Queen Anne
Special Listing Conditions None
Status Pending
Directions From 10th Avenue West turn right on Gilman and left on 11th Avenue West. Address on Triplex is 1518
High School Buyer To Verify
City Seattle
Buyer Agent Compensation 2.5%
View Y/N Y
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 4
Total Units 3
MLS Area 700 - Queen Anne/Magnolia
Lot Size Square Feet 5400
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 11th
Listing Terms Cash Out Conventional
Elementary School Bryant
Tax Annual Amount 14754
Electric Expense 2736
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Discover a prime investment opportunity in Queen Anne! This remodeled triplex not only offers spacious 1 390 Sq Ft Units with 2-bedroom 2-bath each boasting modern amenities such as washer dryer dish
Leasable Area 4170
Virtual Tour https://www.zillow.com/view-imx/01ffac1a-2069-4fbd-a9d8-f4816013b0ba?initialViewType=pano&wl=true&setAttribution=mls
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Water Company SPU
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 5230
Property Style 53 - Tri-plex
Cap Rate 4.67
AFH 224
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Interior
Flooring Ceramic Tile Engineered Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 4170
Lot Size Acres 0.124
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Patio
Parking Uncovered Spaces 4
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Internal Only
OriginalMLSID NWM2207060
Street Number 1 1516
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* Excluded Features
List By
Jenny Bouffiou

Listing Agent

Real Property Associates

Broker

Affordability Calculator

$12,196
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$1,230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258372 Elementary School
3100363 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,650,000 Listed Price

Map


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1516 -1518 11th Avenue W, Seattle, WA, 98119 is a Multi-Family Home for sale at $1,650,000 with 4,170 sqft and a lot size of 0.124. 1516 -1518 11th Avenue W is a studio with 0.0 baths and was built in 1969. The property's zip code is 98119 which is in Seattle, WA