For Sale
(MLS-listed)
$2,595,000
401 Harvard Ave E Seattle, WA 98102
| Beds: | 9 |
| Baths: | - |
| Sq. Ft.: | 10,812 |
| $/Sq. Ft.: | $240 |
| Lot Size: | 5,934 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | 10+ Units |
| Stories: | 3 |
| View(s): | City, Mountain(s), Partial |
| Year Built: | 1956 |
| Community: | Capitol Hill |
| County: | King |
| MLS#: | 28129479 |
| Source: | NWMLS |
| Status: | Active |
| On Redfin: | 492 days |
| Cumulative: | 586 days |
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Capitol Hill at it's finest. A fully improved (to high end condo quality finishes) 11 unit apartment with views and oh yes, parking! Grab your investment dollars and get this asset working for you today. Stable income, all work is done! Awesome management in place. Did we mention this has great upside as a future multi-unit apartment site and also has its condo docs prepared for easy conversion? All units have additional storage, sweet laundry room with brand new machines & 9 huge parking spots!
Flooring Information
- Ceramic Tile Floor
- Hardwood Floor
Building Information
- # of Units: 11
- Building Condition: Remodeled
- Stone Exterior
- Wood Products Exterior
- Poured Concrete Foundation
- Torch Down Roof
Unit 1 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,195
- Unit Number: 2, 3, 4
Unit 4 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,695
- Unit Number: 6
Lot Information
- Dimensions: 59.37 x 100
- Corner Lot
- Curbed Lot
- General Zoning Class: Multi-Family
Financial Information
- Cash Out
- Conventional
- Annual Taxes: $12,592
- Tax Year: 2008
- Cap Rate (NOI/LP): 5.80
- Gross Rent Multiplier: 13
- Total Monthly Income: $16,050
- Gross Scheduled Income: $192,600
- Gross Adjusted Income: $178,674
- Net Operating Income: $156,897
- Electrical Expenses: $360
- Insurance Expenses: $4,687
- Water/Sewer/Garbage Expenses: $985
- Other Expenses: $11,300
- Total Expenses: $29,924
- Total Expenses: $29,924
Heating & Cooling
- Baseboard Heat
- Forced Air Heat
- Wall Heat
Parking Information
- # of Parking Spaces (Total): 9
- # of Carport Spaces: 9
Unit 2 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,295
- Unit Number: 7, 8, 9
Unit 5 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,400
- Unit Number: 11
Location Information
- Map Book: Thomas Guide
- Block: 38
- Lot #: 6
- Central Seattle/Madison Park
School Information
- School District: Seattle
Utility Information
- Energy Source: Electric
- Public Water Source
- Sewer Connected
- Power Company: Seattle City Light
- Water Company: SPU
- Sewer Company: SPU
Property Features
- Basement
- Coin Operated Laundry
- Storage
- Thermal Windows
- Cable Television
Unit 3 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,695
- Unit Number: 1, 5
Unit 6 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 1000
- Has Dishwasher
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,850
- Unit Number: 10
Property Information
- Has Units Below Grade
- Tax ID #: 6850700460
- Plat/Subdivision: Pontius A Suppl
- Vacancy Rate: 3
Listing last changed
June 29, 2009, 3:38 PM
Overhead View of 401 Harvard Ave E, Seattle, WA 98102
Sites Linking to 401 Harvard Ave E
Property History for 401 Harvard Ave E
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Jul 25, 2008 | Listed | $2,595,000 | -- | NWMLS #28129479 |
| May 19, 2006 | Sold (Public Records) | $1,435,000 | 10.9%/yr | Public Records |
| Jan 06, 2004 | Sold (Public Records) | $1,124,500 | -- | Public Records |
Public Facts for 401 Harvard Ave E
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 8112 |
| Unfinished Sqft: | - |
| Total Sqft: | 8112 |
| Floors: | 2 |
| Lot Size: | 5,934 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1956 |
| Year Renovated: | 1983 |
| County: | King County |
| APN: | 6850700460 |
| Last Updated: | November 14, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $741,700 |
| Additions | $708,300 |
| Total | $1,450,000 |
| Tax (2009) | $11,852 |
Home Value Estimates for 401 Harvard Ave E
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Nearby Similar Listings
More Info
Closest listings similar to 401 Harvard Ave E:
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$2,450,000
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| Range: | $1,695,000 - $3,500,000 |
| Average: | $242/Sq. Ft. |
Nearby Similar Sales
More Info
Closest homes similar to 401 Harvard Ave E, which sold within the past six months:
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$165,000
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$2,445,000
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1109 17th Ave Sold on Aug 31, 2009 |
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200 5th Ave S Sold on Jun 30, 2009 |
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$1,649,200
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| Range: | $165,000 - $2,619,700 |
| Average: | $136/Sq. Ft. |
Link to this page at
http://www.redfin.com/WA/Seattle/401-Harvard-Ave-E-98102/home/2069245
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in Northeast Seattle
(11/17/2009)
About Allie Howard
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in Ballard
(11/09/2009)
About Corey St John
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About Allie Howard
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