1500 - 1520 11th Ave
Seattle WA 98122
Loft Building
1500 - 1520 11th Ave Seattle WA 98122
Listing #: 680244 | Status: Available | Last Modified: 4/17/2024 |
For Sale
- Phone:(206) 999-1982
- Email:gordon@rpare.com
- Office Name:Real Property Associates
- Office Phone:(206) 523-0300
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
LOCKBOX
- Listing Price$ 1,650,000.0
- $/SF$ 38.2
- $/Unit$ 1,650,000.0
- Listing StatusAvailable
- Days on Market19
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income102,510
- Vacancy Factor %0.00%
- Operating Expenses26,109
- Net Operating Income76,401
- CAP Rate 4.67 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.67 %
- Building StatusExisting
- # of Buildings2
- # of Floors2
- # of Units
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF43200
- Net Rentable Area43200
- Total Office SF
- Largest Contiguous SF
- Lot SF15360
- Acres0.35
- Property TypeIndustrial
- Office TypeMulti-Tenant
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetPine
- Market AreaCapitol Hill/First Hill
- Tax ID #6003500280
- Additional Parcels
- ZoningNC3P-75(M)
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1915
- Year Renovated1985
- Completion Date
- Roof Type
- Construction TypeMasonry
Prime Investment Opportunity in Queen Anne
Discover a prime investment opportunity in Queen Anne! This remodeled triplex not only offers spacious 1,390 Sq Ft Units with 2-bedroom, 2-bath, each boasting modern amenities such as washer, dryer, dishwasher, & a patio or deck, but it also presents an excellent investment potential. Located on a quiet street with some mountain and water views, 2024 exterior painted, new roof in 2020, pipes and water main connection updated & off-street parking. This property is primed for long-term success. Whether you're an investor seeking a lucrative addition to your portfolio or an owner-occupier looking to capitalize on rental income, this triplex is a great investment property.
Industrial/Retail, Power, Regional Center, Restaurant, Showroom, Street Retail, Auto Repair, Bar/Tavern/Night Club
