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$2,750,000
Bed
Bath
SqFt
0.10 Acre Lot
4,168 Sqft Lot
Status Active
Property Type 15 – Multi Level
Year Built 1953
Neighborhood Magnolia
Days on Website 148

Property Map

$2,750,000 – 2821 Thorndyke Avenue W, Seattle, WA 98199

Street View

Listing courtesy of Keller Williams Downtown Sea.

Description

Investor Alert – Opportunity to acquire a solid fully leased mixed use building featuring 4 residential units and 2 street level commercial units. LR3 zoning. Stellar Magnolia/Interbay location with a bold street presence just north of Downtown Seattle and future city growth. Prime location near shopping, restaurants, transit access, biking paths & parks. Strong rental history where vacancies are a rarity. Many updates to the building’s systems and maintenance throughout ownership. 56′ of commercial street frontage with large windows on main street. Monthly income of $13,334. Cap Rate:4.85% Lot size: 4,170 sq. ft. Abundant street parking.

Property Details and Features

Property Access

  • Bus Line Nearby: true

Appliances and Equipment

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Appliances Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

House

  • Building Area Units: Square Feet
  • Building Information: Built On Lot
  • Calculated Square Footage: 0
  • Elevation Units: Feet
  • Entry Location: Main
  • Levels: Multi/Split
  • Living Area: 5466
  • Structure Type: House
  • Year Built: 1953
  • Year Built Effective: 1953

Exterior Features

  • Exterior Features: Brick,Metal/Vinyl,Wood

Floors

  • Flooring: Concrete,Vinyl,Carpet

Foundation

  • Foundation Details: Poured Concrete,Slab

Heating

  • Heating Cooling Type: Baseboard,Forced Air

Home Owner’s Association

  • Association Fee Frequency: Monthly

Interior Features

  • Furnished: Unfurnished
  • Interior Features: Concrete

Listing

  • Senior Exemption: false

Location

  • County or Parish: King
  • Subdivision: Magnolia

Lot

  • Features: Curbs, Paved, Sidewalk
  • 0 acres
  • 4170 square feet
  • Dimensions: 56 x 63 x 50 x 88
  • View: Territorial

Miscellaneous

  • Inclusions: Dishwasher, Dryer, RangeOven, Refrigerator, Washer

Parking

  • Parking Type: Off Street

Possession

  • Possession: Closing,Tenant’s Rights

Property

  • Property Condition: Good
  • Site Features: Deck,Gas Available
  • Topography: Level,Sloped
  • Zoning Description: LR3 (M)

Roof

  • Roof: Built-Up,Composition,Flat

Schools

  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School District: Seattle
  • High School: Buyer To Verify

Sewer

  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities

Utilities

  • Utilities: Natural Gas Available,Sewer Connected,Electricity Available,Natural Gas Connected
  • Power Company: Seattle City Light
  • Power Production Type: Electric,Natural Gas
  • Water Company: Seattle Public Utilities
  • Water Source: Public

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Listings last updated on July 23, 2021 18:11.