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
Show Map Link
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.
3051 30th Avenue W Seattle, WA 98199
Browse Similar Listings
Similar Listings
Data services provided by IDX Broker
