For more information on this listing, please contact...
Branding Photo
Vince Decker
206-962-1700
425-422-1290
Email
  • Listing #:
    • 1204734
  • Price:
    • $3,850,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 5-Plex
  • # of Units:
    • 7
  • # of Acres:
    • 0.22
  • Lot Sq.Ft.:
    • 9,635
  • Year Built:
    • 1909
  • School Dist:
    • Seattle
  • Address:
    • 1938 11th Ave W
  • Community:
    • Queen Anne
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98119
  • Terms:
    • Cash Out
  • Right of 1st Refusal:
    • No
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Description
Where We Live Is Often Where Our Best Memories Are Made, Whether Our Home Is Owned, Or Rented. This Qa Classic Is The Epitome Of Comfortable, Happy, And Soothing ? And Compelling. Views Are Stunning, Resort Style Living. A Perfect Proposition For Those Who Want To Live On-site As An Owner, Or The Investor Who Seeks The Kind Of Place People Want To Live In ... The Moment They See It. Currently 7 Units, 1 Is A Gorgeous Level-entry Unit W/private Yard. Income Generator W/4.5 Cap Rate. 5 Garages!
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $2,625.00
    • Square Feet Unit 1:
      • - 975.00
    • Bedrooms Unit 1:
      • - 1
    • Bathrooms Unit 1:
      • - 1.00
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Dishwasher Unit 1:
      • - Yes
    • Description Unit 1:
      • - 1944
  • Unit 2
    • Rent Unit 2:
      • - $2,415.00
    • Square Feet Unit 2:
      • - 975.00
    • Bedrooms Unit 2:
      • - 1
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Dishwasher Unit 2:
      • - Yes
    • Description Unit 2:
      • - 1942.5
  • Unit 3
    • Rent Unit 3:
      • - $2,520.00
    • Square Feet Unit 3:
      • - 975.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
    • Refrigerator Unit 3:
      • - Yes
    • Range/oven Unit 3:
      • - Yes
    • Dishwasher Unit 3:
      • - Yes
    • Description Unit 3:
      • - 1940.5
  • Unit 4
    • Rent Unit 4:
      • - $2,625.00
    • Square Feet Unit 4:
      • - 975.00
    • Bedrooms Unit 4:
      • - 1
    • Bathrooms Unit 4:
      • - 1.00
    • Refrigerator Unit 4:
      • - Yes
    • Range/oven Unit 4:
      • - Yes
    • Dishwasher Unit 4:
      • - Yes
    • Description Unit 4:
      • - 1946
  • Unit 5
    • Rent Unit 5:
      • - $2,600.00
    • Square Feet Unit 5:
      • - 905.00
    • Bedrooms Unit 5:
      • - 1
    • Bathrooms Unit 5:
      • - 1.00
    • Refrigerator Unit 5:
      • - Yes
    • Range/oven Unit 5:
      • - Yes
    • Dishwasher Unit 5:
      • - Yes
    • Description Unit 5:
      • - 1942
  • Unit 6
    • Rent Unit 6:
      • - $2,800.00
    • Square Feet Unit 6:
      • - 905.00
    • Bedrooms Unit 6:
      • - 1
    • Bathrooms Unit 6:
      • - 1.00
    • Refrigerator Unit 6:
      • - Yes
    • Range/oven Unit 6:
      • - Yes
    • Dishwasher Unit 6:
      • - Yes
    • Description Unit 6:
      • - 1940
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - No
    • Amenities:
      • - Basement
      • - Coin Op Laundry
    • Building Condition:
      • - Very Good
    • Floor Covering:
      • - Hardwood
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Radiator
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $23,426.00
    • Tax Year:
      • - 2017
  • Finance Details
    • Gross Rent Multiplier:
      • - 17
    • Vacancy Rate:
      • - 4
    • Cap Rate - Noi Div Lp:
      • - 4.50
  • Income
    • Gross Adjusted Income:
      • - $222,163.00
    • Gross Scheduled Income:
      • - $231,420.00
    • Net Operating Income:
      • - $172,271.00
    • Total Monthly Income:
      • - $19,285.00
  • Expenses
    • Electrical Expenses:
      • - $3,000.00
    • Heating Expenses:
      • - $5,000.00
    • Insurance Expenses:
      • - $8,602.00
    • Water / Sewer / Garbage:
      • - $4,857.00
    • Other Expenses:
      • - $5,007.00
    • Total Expenses:
      • - $49,892.00
    • Total Expenses:
      • - $49,892.00
  • Schools
    • Elementary:
      • - Seattle Public Sch
    • Jr. High:
      • - Seattle Public Sch
    • Sr. High:
      • - Seattle Public Sch
  • Waterfront and Views
    • View Details:
      • - Bay
      • - Golf Course
      • - Mountain
      • - Sound
  • Construction Details
    • Construction Methods:
      • - Standard Frame
    • Exterior:
      • - Wood
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Flat
      • - Torch Down
  • Lot Details
    • Features:
      • - Alley
      • - Curbs
      • - Dead End Street
      • - Paved Street
      • - Sidewalk
    • Site Features:
      • - Deck
      • - Dog Run
      • - Fenced-partially
      • - Gated Entry
  • Parking
    • Total # Of Parking:
      • - 5
    • # Of Garage Spaces:
      • - 5
  • Utilities
    • Energy Source:
      • - Natural Gas
    • Power Company:
      • - Seattle City Light
    • Sewer Company:
      • - Seattle Combined Utilities
    • Water Source:
      • - Public
    • Water Company:
      • - Seattle Combined Utilities
  • Zoning
    • General Zoning Classification:
      • - Multi-family
Nearby Listings
0.15 Mi.

2006 14th Ave W

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 1,480 ft²
0.16 Mi.

2010 14th Ave W

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 1,510 ft²
0.52 Mi.

1040 Elliott Ave W

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 3,800 ft²
For more information on this listing, please contact...
Branding Photo
Vince Decker
206-962-1700
425-422-1290
Email

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