1415 First Ave N, Seattle, WA 98109

$2,450,000
9,456
SqFt

Listing courtesy of Westlake Associates, Inc.. Selling Office: .

Sold Price
$2,450,000
List Price
$2,575,000
Status
SOLD
MLS#
383065
Closing Date
Jul 31, 2013
Days on Market
381
Style
56 - 10+ Units
Building Condition
Remodeled
Finished SqFt
9,456
Lot Size (sq ft)
5,685

Property Description

Queen Anne Apartments is located at the apex of Queen Anne, and perfectly located just steps from the vibrant Queen Anne merchant district. Most units have fabulous Westerly views and abundant natural light. Although completely renovated in 2008, the building retains all of it’s 1909 charm.

Additional Information

List Date
2012-07-15 00:00:00
Community
Queen Anne
Property Type
MULT
Units
16
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1909
View
Bay, Mountain
Exterior
Cement/Concrete, Metal/Vinyl
Roof
Flat
School District
Seattle
Total Monthly Income
$15,416
Gross Scheduled Income
$184,200
Vacancy Rate
3
Gross Adjusted Income
$184,451
Annual Taxes
$16,528
Tax Year
2012
Insurance Expense
$3,320
W/S/G Expenses
$11,143
Total Expenses
$46,714
Net Operating Income
$137,738
Gross Rent Multiplier
13
Cap Rate
5.30

Room Dimensions

Unit 1 Baths
1.00
Unit 2 Baths
1.00
Unit 3 Baths
1.00
Unit 4 Baths
1.00

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
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Calculator source: Real Geeks

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