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1806 16th Ave, Seattle, WA 98122
Listing courtesy of: Sean Lanctot, Fireside Homes Real Estate LLC
For Sale (MLS-listed)
$635,000

1806 16th Ave Seattle, WA 98122

Beds: 4
Baths: -
Sq. Ft.: 3,327
$/Sq. Ft.: $191
Lot Size: -
Property Type:Multi-Family
Style:5-Plex
Stories:3
View(s):City, Mountain(s), Sound
Year Built: 1906
Community: Capitol Hill
County: King
MLS#: 29094257
Source: NWMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 148 days
Cumulative: 149 days
Nice 5 unit in the heart of Capital Hill. One- 2bed, two-one bed, two studios. Upper units have downtown, Mtns & water views. Parking for 4 cars. Rents below market. Most have short term leases. Interesting site for development as well. New roof, water line & recent siding. Units have been updated. Big price reduction!

Flooring Information

  • Fir/Softwood Floor
  • Laminate Hardwood
  • Wall-to-Wall Carpet

Utility Information

  • Energy Source: Electric
  • Community Water Source
  • Sewer Connected
  • Power Company: City Sewer
  • Water Company: City Lights

Property Features

  • Basement
  • Coin Operated Laundry
  • Energy Package
  • Storage
  • Thermal Windows
  • Cable Television
  • Natural Gas Available
  • High Speed Internet

Unit 3 Information

  • # of Baths: 1
  • Sq. Ft.: 500
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $650
  • Unit Number: 3

Lot Information

  • Alley Adjacent to Lot
  • Curbed Lot
  • General Zoning Class: Multi-Family

Financial Information

  • Cash Out
  • Conventional
  • Annual Taxes: $5,113
  • Tax Year: 2008
  • Cap Rate (NOI/LP): 0.04
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $48,000
  • Gross Adjusted Income: $45,600
  • Net Operating Income: $30,827
  • Electrical Expenses: $360
  • Insurance Expenses: $2,500
  • Water/Sewer/Garbage Expenses: $65
  • Other Expenses: $300
  • Total Expenses: $14,773
  • Total Expenses: $14,773

Equipment

  • Leased Washer/Dryer

Building Information

  • # of Units: 5
  • Metal/Vinyl Exterior
  • Composition Roof

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 900
  • # of Fireplaces: 1
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $1,200
  • Unit Number: 1

Unit 4 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 650
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $850
  • Unit Number: 4

Location Information

  • Map Book: Thomas Guide
  • Central Seattle/Madison Park

School Information

  • School District: Seattle

Heating & Cooling

  • Baseboard Heat

Parking Information

  • # of Parking Spaces (Total): 4
  • # of Uncovered Spaces: 4

Unit 2 Information

  • # of Baths: 1
  • Sq. Ft.: 550
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $705
  • Unit Number: 2

Unit 5 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 450
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $525
  • Unit Number: 5

Property Information

  • Has Units Below Grade
  • Tax ID #: 8080400180
  • Vacancy Rate: 5

Listing last changed

November 13, 2009, 1:32 PM

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Overhead View of 1806 16th Ave, Seattle, WA 98122

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Property History for 1806 16th Ave

Date Event Price Appreciation Source
Nov 13, 2009 Price Changed $635,000 -- NWMLS #29094257
Jul 02, 2009 Listed $695,000 -- NWMLS #29094257

Public Facts for 1806 16th Ave

Beds: -
Baths: -
Finished Sqft: 3327
Unfinished Sqft: -
Total Sqft: 3327
Floors: 3
Lot Size: 4,980
Style: Multi-Family (5+ Unit)
Year Built: 1906
Year Renovated: 1970
County: King County
APN: 8080400180
Last Updated: November 14, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $572,700
Additions $44,300
Total $617,000
Tax (2009) $5,113

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