For more information on this listing, please contact...
Vince Decker
425-422-1290
Email
  • Listing #:
    • 1546485
  • Price:
    • $8,700,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 13
  • # of Acres:
    • 0.47
  • Year Built:
    • 1930
  • Address:
    • 1108 9th Avenue W
  • Comm/Assn:
    • Queen Anne
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98119
  • Right of 1st Refusal:
    • No
QR Code

Description
Once-in-a-lifetime Opportunity To Acquire A One-of-a-kind Property. Spectacular 13-unit, Courtyard Apartment Building On Huge Lot Built By Legendary Developer Frederic Anhalt. Artfully And Tastefully Restored To Better-than-new Condition. Beautiful, Secluded, Quiet Location On The Sw Slope Of Queen Anne Hill. Sound, Olympic And Sunset Views. Extraordinary Spanish-mediterranean Architecture. Abundant Period Charm Intact, But The Apartment Features Designer Kitchens, Gas Ranges And W/d.
Property Features
  • Cap Rate:
    • - 4.36
  • Covered Spaces:
    • - 12
  • Electric Expense:
    • - 1200
  • Exterior Features:
    • - Stucco
  • Flooring:
    • - Hardwood
  • Foundation Details:
    • - Poured Concrete
  • Furnished:
    • - Unfurnished
  • Gross Scheduled Income:
    • - $539,420.00
  • Insurance Expense:
    • - $6,500.00
  • Leasable Area:
    • - 12,393.00 Square Feet
  • Net Operating Income:
    • - $379,159.00
  • Amenities:
    • - Basement
    • - Storage
  • Construction Methods:
    • - Standard Frame
  • Gross Adjusted Income:
    • - 517843
  • Gross Rent Multiplier:
    • - 16
  • Heating Cooling Type:
    • - Forced Air
  • Leased Items:
    • - Water Tank
  • Style Code:
    • - 56 - 10+ Units
  • Total Expenses:
    • - 138684
  • Total Monthly Income:
    • - 42935
  • Units Below Grade:
    • - false
  • Vacancy Rate:
    • - 4
  • Water Sewer Garbage:
    • - 14800
  • Zoning Class:
    • - Multi-Family
  • Zoning Jurisdiction:
    • - City
  • Other Expense:
    • - 70800
  • Parcel Number:
    • - 6169900195
  • Possible Use:
    • - Multi-Family
  • Roof:
    • - Tile
  • Sewer:
    • - Sewer Connected
  • Stories Total:
    • - 2
  • Structure Type:
    • - Multi Family
  • Annual Tax Amount:
    • - $45,384.00
  • Tax Year:
    • - 2020
  • Utilities:
    • - Sewer Connected
    • - Electricity Available
    • - Natural Gas Connected
  • View:
    • - Mountain(s)
    • - Sound
  • View Y/N:
    • - Yes
  • Water Source:
    • - Public
Nearby Listings
0.10 Mi.

1040 Elliott Avenue W

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 3,800 ft²
0.41 Mi.

315 W Roy Street

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 3,569 ft²
0.47 Mi.

912 2nd Avenue W

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 2,890 ft²
For more information on this listing, please contact...
Vince Decker
425-422-1290
Email

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