Closed
$3,400,000
Sold For
8,400
SqFt
8,400
SqFt

1407 9th Avenue W

Seattle, Washington WA98119

This offering presents an attractive and rare opportunity to purchase a one-of-a-kind building located in one of the best neighborhoods in Seattle. The units exude their 1906 character with high ceilings, hardwood floors, French doors with leaded glass details, traditional picture frame moulding, and an abundance of large windows allowing for plenty of natural light. Living in the Llennodo is comparable to living in a quintessential New York City brownstone apartment with better views. Four of the six units span the entire length of the building and have expansive views of the Puget Sound and Olympics. Each unit has a washer/dryer and an enclosed sun porch.

About This Property

Listing ID1994260
Sold For$3,400,000
StatusClosed
Sold Date1/10/2023
SqFt 8,400
Acres 0.165
CountyKing
SubdivisionQueen Anne
Year Built1906
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Queen Anne
Year Built 1906
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Baseboard
Living Area Units Square Feet
Stories Total 3
Elevation Units Feet
Exterior Features Brick
Lot Size Square Feet 7200
Lot Size Units Square Feet
MLS Lot Size Source King County
Number Of Units Total 6
Open Parking Spaces 6
Parking Total 6
Parking Uncovered Spaces 6
Roof Flat
Sewer Sewer Connected
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Water Sewer Garbage 17052
Building Area Total 8400
Country US
High School District Seattle
MLS Area Major 700 - Queen Anne/Magno
Waterfront no
Mls Status Sold
Offers Seller intends to review offers upon receipt
Power Production Type Electric
Preliminary Title Ordered no
Buyer Financing Not Disclosed
Cap Rate 4.16
Gross Adjusted Income 185262
Gross Rent Multiplier 16.68
Gross Scheduled Income 191904
Insurance Expense 3782
Leasable Area 8400
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 133137
Other Expense 7863
Possession Closing
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 24313
Tax Year 2021
Total Expenses 53010
Total Monthly Income 15916
Vacancy Rate 3

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1407 9th Avenue W Seattle, WA 98119

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Based on information submitted to the MLS GRID as of Tuesday, April 16th, 2024 07:29:19 AM. 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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