1108 9th Ave W, Seattle, WA 98119

$8,850,000
12,393
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$8,850,000
Status
ACTIVE
MLS#
1546485
Price Change
▼ $150,000 1589950832
Days on Market
248
Style
56 - 10+ Units
Finished SqFt
12,393
Lot Size (sq ft)
20,600

Property 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.

Additional Information

List Date
2019-12-06 00:00:00
Community
Queen Anne
Property Type
MULT
Units
13
Stories
2
Potential Terms
Assumable, Cash Out
Year Built
1930
Total Parking
12
View
Mountain, Sound
Exterior
Stucco
Roof
Tile
School District
Seattle
Elementary School
Queen Anne
Middle School
Mc Clure Mid
High School
Ballard High
Total Monthly Income
$42,935
Gross Scheduled Income
$538,620
Vacancy Rate
4
Gross Adjusted Income
$517,075
Annual Taxes
$45,384
Tax Year
2020
Insurance Expense
$6,500
W/S/G Expenses
$14,400
Total Expenses
$130,684
Net Operating Income
$386,391
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
1041
Unit 1 Rent
$3,450
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
869
Unit 2 Rent
$3,595
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
611
Unit 3 Rent
$2,470
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
602
Unit 4 Rent
$2,295
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
1183
Unit 5 Rent
$3,850
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
1191
Unit 6 Rent
$3,795
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