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2016 Spruce St, Seattle, WA 98122
2016 Spruce St, Seattle, WA 98122
2016 Spruce St, Seattle, WA 98122
2016 Spruce St, Seattle, WA 98122
Listing Provided Courtesy of: Brian Platt, Paragon Real Estate Advisors
Sale Pending (MLS-listed)
Listed at: $529,000

2016 Spruce St Seattle, WA 98122

Beds: 6
Baths: 4.5
Sq. Ft.: 2,850
$/Sq. Ft.: $186
Lot Size: 5,040 Sq. Ft.
Property Type:Multi-Family
Style:Triplex
Stories:2
Year Built: 1998
Community: Seattle
County: King
MLS#: 296958
Source: NWMLS
Status: Pending InspectionThis listing has an accepted offer, but a successful closing is still contingent upon the buyers conducting a home inspection.
On Redfin: 186 days
Cumulative: 189 days
This triplex, constructed in 1998, is located in an up-and-coming area offering many perks; including a nearby park. The property is close to the Central Business District and within walking distance to major bus lines. This triplex features a desirable mix of three 2 bed/1.5 bath units. Tenants enjoy washer/dryers in each unit and off-street parking. With low vacancy rates, this triplex presents the opportunity to own a low maintenance, easy to manage property with a strong rental upside.

Heating & Cooling

  • Baseboard Heat

Parking Information

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

Unit 3 Information

  • # of Bedrooms: 2
  • # of Baths: 1.5
  • Sq. Ft.: 950
  • Has Range/Oven
  • Has Refrigerator
  • Has Washer/Dryer
  • Monthly Rent: $1,000
  • Unit Number: 3

Property Information

  • Tax ID #: 9826701350

Utility Information

  • Energy Source: Electric
  • Sewer Connected

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1.5
  • Sq. Ft.: 950
  • Has Range/Oven
  • Has Refrigerator
  • Has Washer/Dryer
  • Monthly Rent: $1,150
  • Unit Number: 1

Lot Information

  • General Zoning Class: Multi-Family

Financial Information

  • Cash Out
  • Annual Taxes: $5,055
  • Tax Year: 2011
  • Cap Rate (NOI/LP): 5.86
  • Gross Rent Multiplier: 13
  • Total Monthly Income: $3,300
  • Gross Scheduled Income: $39,600
  • Gross Adjusted Income: $39,600
  • Net Operating Income: $31,006
  • Insurance Expenses: $1,200
  • Water/Sewer/Garbage Expenses: $2,339
  • Total Expenses: $8,594
  • Total Expenses: $8,594

Building Information

  • # of Units: 3
  • Wood Exterior
  • Wood Products Exterior
  • Composition Roof

Unit 2 Information

  • # of Bedrooms: 2
  • # of Baths: 1.5
  • Sq. Ft.: 950
  • Has Range/Oven
  • Has Refrigerator
  • Has Washer/Dryer
  • Monthly Rent: $1,150
  • Unit Number: 2

Location Information

  • Map Book: Thomas Guide
  • Central Seattle/North & South

School Information

  • School District: Seattle

Listing last changed

April 19, 2012, 2:14 PM

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Property History for 2016 Spruce St

Date Event Price Appreciation Source
Apr 19, 2012 Pending (Pending Inspection) -- -- NWMLS #1
Feb 09, 2012 Price Changed $529,000 -- NWMLS #1
Nov 21, 2011 Listed (Active) $549,950 -- NWMLS #1
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Public Facts for 2016 Spruce St

Beds: -
Baths: -
Finished Sqft: -
Unfinished Sqft: -
Total Sqft: -
Floors: -
Lot Size: -
Style: Multi-Family (2-4 Unit)
Year Built: -
Year Renovated: -
County: King County
APN: -
Last Updated: August 5, 2011

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

Property Tax

No data is available for this property.

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Schools near 2016 Spruce St, Seattle, WA 98122

Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
School Name Type GreatSchools Ratings Parent Rating Distance* Nearby Homes
First Place Elementary School Private 0.04 mi Map It
Giddens School Private 0.34 mi Map It
Islamic School of Seattle Private 0.44 mi Map It
Bailey Gatzert Elementary School Public 0.45 mi Map It
Leschi Elementary School Public 0.66 mi Map It
Middle Schools
School Name Type GreatSchools Ratings Parent Rating Distance* Nearby Homes
Washington Middle School Public 0.38 mi Map It
Lake Washington Girls Middle School Private 0.43 mi Map It
Islamic School of Seattle Private 0.44 mi Map It
Seattle Academy of Arts & Science Private 0.79 mi Map It
Madrona Elementary School Public 0.93 mi Map It
High Schools
School Name Type GreatSchools Ratings Parent Rating Distance* Nearby Homes
Garfield High School Public 0.23 mi Map It
Seattle Academy of Arts & Science Private 0.79 mi Map It
O'Dea High School Catholic 0.92 mi Map It
Puget Sound Community School Private 1.01 mi Map It
Sec Bilingual Orientation Center Public 1.28 mi Map It
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.



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