Active
$2,750,000
Price
3,240
SqFt
3,240
SqFt

3051 30th Avenue W

Seattle, Washington WA98199

(This is double listed as vacant land)These two duplexes are located on adjacent lots and are being sold together (3051-3053 30th Ave W and 3057-3059 30th Ave W). With just under 13,000 sq. ft. of L-1 zoned land between the two lots and access from the street in front and alley at the rear there are great development possibilities. Currently only three units are rented. The fourth was undergoing renovation when the seller decided to sell. The north end of the property is next to an undeveloped street right of way (West Dravus St.) Showing units by appointment only. Please do not disturb tenants.

About This Property

Listing ID1976499
Price$2,750,000
StatusActive
SqFt 3,240
Acres 0.296
CountyKing
SubdivisionMagnolia
Year Built1945
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Magnolia
Year Built 1945
Building Area Units Square Feet
Flooring Concrete, Hardwood, Carpet
Furnished Unfurnished
Heating Cooling Type Forced Air, Stove/Free Standing, Wall
Interior Features Forced Air, Concrete, Hardwood, Wall to Wall Carpet
Living Area Units Square Feet
Stories Total 1
Covered Spaces 4
Elevation Units Feet
Exterior Features Wood
Foundation Details Poured Concrete
Lot Features Adjacent to Public Land, Alley, Curbs, Paved, Sidewalk
Lot Size Square Feet 12876
Lot Size Units Square Feet
MLS Lot Size Source KCR
Number Of Units Total 4
Parking Total 4
Roof Composition
Sewer Sewer Connected
Sewer Company Seattle Public Utilities
Structure Type Duplex
Style Code 52 - Duplex
Units Below Grade true
Units In Building Total 4
Utilities Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
Water Company City of Seattle
Water Sewer Garbage 3194
Water Source Public
Building Area Total 3240
Country US
High School District Seattle
MLS Area Major 700 - Queen Anne/Magno
View Territorial
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
Effective Year Built Source Public Records
Mls Status Active
Offers Seller will review offers on Offer Review Date (may review/accept sooner)
Possible Use Multi-Family
Power Company Seattle City Light
Power Production Type Electric, Natural Gas
Preliminary Title Ordered yes
Site Features Gas Available, Patio
Year Built Effective 1945
Cap Rate 1.6
Electric Expense 146
Gross Adjusted Income 40528
Gross Rent Multiplier 39.7
Gross Scheduled Income 62940
Insurance Expense 1611
Leasable Area 3280
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 40528
Other Expense 2405
Possession Closing
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 15056
Tax Year 2022
Total Expenses 22412
Total Monthly Income 62940
Vacancy Rate 30

Schedule a Showing - Listing ID 1976499


Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call WPI Real Estate at 206.522.8172.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

3051 30th Avenue W Seattle, WA 98199

Browse Similar Listings

Similar Listings

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Monday, August 8th, 2022 09:02:50 PM.
#IDX-primaryPhoto,#idx-details-header
Active Listing courtesy of Windermere Real Estate/FN
#IDX-listingMediaLinks
Active Listing courtesy of Windermere Real Estate/FN
#IDX-detailsHeader
Active Listing courtesy of Windermere Real Estate/FN
Data services provided by IDX Broker