634 W Nickerson St
Seattle WA 98119

Queen Anne Triplex

634 W Nickerson St Seattle WA 98119

Listing #: 680297 | Status: Available | Last Modified: 4/17/2024 |

For Sale
Patrick Suarez
  • Phone:(206) 226-6200
  • Email:pat@urbanseattle.com
  • Office Name:Urban Commercial Partners, LLC
  • Office Phone:(206) 325-9333
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,275,000.0
  • $/SF$ 529.0
  • $/Unit$ 1,275,000.0
  • Listing StatusAvailable
  • Days on Market24
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income76,300
  • Vacancy Factor %3.00%
  • Operating Expenses20,576
  • Net Operating Income53,435
  • CAP Rate 4.37 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 4.37 %
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units3
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF2410
  • Net Rentable Area2410
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF3615
  • Acres0.08
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaQueen Anne/Magnolia
  • Tax ID #7443000985
  • Additional Parcels
  • ZoningLR3-RC(M)
Construction
  • Year Built1912
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Queen Anne Triplex

Public Comments

Ideally located triplex in the North Queen Anne neighborhood, featuring (1) 2 bed/1 bath unit approximately 900 SF, (1) 2 bed/0.75 bath unit approximately 720 SF and (1) 1 bed/1 bath unit approximately 650 SF. Property is located along Nickerson Street just blocks to Seattle Pacific University, with excellent access to Queen Anne, Fremont, Wallingford, South Lake Union, UW, Ballard, Magnolia and Downtown Seattle. High historic occupancy with prominent employers nearby, including Amazon, Facebook (Meta), Google, Adobe, Tableau and Brooks Sports. Excellent access to the Burke Gilman bike trail. Perfect opportunity for investor or owner/occupant. LR3 RC (M) Zoning allows for development potential and possible assemblage. Water Views!

Listing Images