1108 9th Ave W

    Seattle, WA 98119
    • $8,850,000
    • STATUS: Active
    • ON SITE: 178 days
    • ID#: 1546485
    Price Reduced
    UPDATED: 109 min ago
    $8,850,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,393
      SQFT
    • $714
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Westlake Associates, Inc..

    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.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-02T00:14:07.913.

    www.alchemyre.com/homes/101494794

    1108 9th Ave W Seattle, WA 98119

    • Price: $8,850,000
    • Status: Active
    • Updated: 109 min ago
    • ID#: 1546485
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    12,393
    SQFT
    $714
    $/SQFT
    1930
    Built
    Neighborhood:
    Queen Anne
    County:
    King
    Area:
    Queen Anne/Magnolia
    Elementary School:
    Queen Anne
    Middle School:
    Mc Clure Mid
    High School:
    Ballard High
    School District:
    Seattle
    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.
    Exterior Features

    Carport Spaces 0 Construction Methods Standard Frame Exterior Stucco Foundation Poured Concrete Garage Spaces 12 Roof Tile Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 12 Uncovered Spaces 0 View MountainSound

    Interior Features

    Floor Covering Hardwood Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Sq Ft 1041 Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Sq Ft 869 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 611 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Sq Ft 602 Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Fireplaces 0 Unit5 Sq Ft 1183 Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 1191 Units Below Grade N

    Property Features

    Amenities BasementStorage Bank Owned No Cap Rate 4.37 Electrical Expenses 1200 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 517075 Gross Rent Multiplier 16 Gross Scheduled Income 538620 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6500 Leased Items Water Tank Net Operating Income 386391 New Construction YN No Other Expenses 63200 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 45384 Tax Year 2020 Terms AssumableCash Out Third Party Approval Required None Total Expenses EXP 130684 Total Expenses TEX 130684 Total Monthly Income 42935 Unit1 Monthly Rent 3450 Unit2 Monthly Rent 3595 Unit3 Monthly Rent 2470 Unit4 Monthly Rent 2295 Unit5 Monthly Rent 3850 Unit6 Monthly Rent 3795 Vacancy Rate 4 Water Sewer Garbage 14400 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-02T00:14:07.913.

     
    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Westlake Associates, Inc..