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3832 Eastern Avenue N

Seattle, WA 98103
  • $1,700,000
  • STATUS: Pending
  • ON SITE: 152 Days
  • ID#: 1928867
Under Contract
UPDATED: 54 min ago
$1,700,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,640
    SQFT
  • $467
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

School District:
Northwest MLS logoListing Courtesy of Kidder Mathews: 360-705-2800.


Description

A true value add property located 2 blocks away from Lake Union. This is the first time this property has been on the market in 40+ years. 7 Units available for a complete renovation. Strong in-place cash flow with substantial renovation upside to over 21%. Common laundry for all units with two parking spots available. Located within walking distance from gas works park, Fremont & Wallingford neighborhoods and the University of Washington. Financials are Proforma and Rents are In-Place.

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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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T22:15:01.05. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T22:15:01.05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
pnw.sourcerealestate.com/homes/128410796
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3832 Eastern Avenue N Seattle, WA 98103

  • Price: $1,700,000
  • Status: Pending
  • On Site: 152 Days
  • Updated: 54 min ago
  • ID#: 1928867
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,640
SQFT
$467
$/SQFT
1907
Built
Neighborhood:
Wallingford
County:
King
Area:
Ballard/Greenlake
School District:
Seattle
Property Description
A true value add property located 2 blocks away from Lake Union. This is the first time this property has been on the market in 40+ years. 7 Units available for a complete renovation. Strong in-place cash flow with substantial renovation upside to over 21%. Common laundry for all units with two parking spots available. Located within walking distance from gas works park, Fremont & Wallingford neighborhoods and the University of Washington. Financials are Proforma and Rents are In-Place.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features CurbsPavedSecludedSidewalk Lot Size Dimensions 3300 Open Parking Spaces 2 Open Parking YN Yes Parking Total 2 Parking Uncovered Spaces 2 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View CityLakeMountain(S)Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 3640 Fireplace YN No Flooring HardwoodCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features HardwoodWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Cumulative Days On Market 11 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 103244 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Company Seattle Light Power Production Type Electric Property Condition Fixer Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Spu Special Listing Conditions None Tax Annual Amount 20000 Tax Year 2022 Units In Building Total 7 Utilities Sewer ConnectedElectricity Available Water Company Spu Water Source Public Year Built Effective 1907 Zoning Class Multi-FamilyResidential Zoning Jurisdiction City

Listing information © 2022 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 Source Real Estate 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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T22:15:01.05. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T22:15:01.05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Kidder Mathews: 360-705-2800.