1123 14th Avenue
Seattle, WA 98122
$1,650,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of TRELORA Realty, Inc.
Description
Triplex in the amazing Capitol Hill neighborhood. $8,350 in total monthly rent. ($100,500 annual income). Qualified tenants line up to live in this bustling, walking neighborhood. Property includes 3 car garage and a backyard garden area. Over the last 5 years, all of our neighbors have done a tear down/rebuild. This property is the last house on the block. This property is a rare opportunity in this neighborhood - whether to keep as a triplex rental, develop into a higher density housing, or building...Triplex in the amazing Capitol Hill neighborhood. $8,350 in total monthly rent. ($100,500 annual income). Qualified tenants line up to live in this bustling, walking neighborhood. Property includes 3 car garage and a backyard garden area. Over the last 5 years, all of our neighbors have done a tear down/rebuild. This property is the last house on the block. This property is a rare opportunity in this neighborhood - whether to keep as a triplex rental, develop into a higher density housing, or building a home in a premier Seattle neighborhood. This property is currently occupied by tenants. Happy to provide video tours of the inside and show public areas. Can show inside the units via appointment for serious buyers.
- Listed by Alexis Martz • TRELORA Realty, Inc.
Property Details for 1123 14th Avenue
Community Name
Seattle
School DistrictSeattle
Number of Assigned Spaces3
Total Covered Parking3
Entry Date11-13-2024
Energy SourceElectric
SewerAvailable
LISTING UPDATED: 11/13/2024 03:26 PM
Property Details for 1123 14th Avenue
| Status | Active |
|---|---|
| MLS # | 2309439 |
| Days on Market | 4 |
| Cumulative Days on Market | 4 |
| Taxes | $9,306 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1903 |
| Lot Size | 0.09 AC / 3,840 SF |
| County | King County |
Building Information for 1123 14th Avenue
Stories3Residences3Year Built1903Building Size-Lot Size0.09 AC / 3,840 SF
Property Information for 1123 14th Avenue
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 390 - Central Seattle
- Elementary School: Lowell
- Middle Or Junior School: Meany Mid
- High School: Garfield High
- Effective Year Built Source: Public Records
- Directions: From the nearest highway (I-5) Merge onto I-5 North and take exit 164A toward James St. Turn left onto 14th Ave, and your destination will be on the right in about 0.2 miles.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 6
Interior Features
- Fireplaces Total: 0
- Floor Covering: Laminate
- Features: Laminate Hardwood
- Cooling: Yes
- Cooling: Forced Air
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4440
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1903
- Photos Count: 31
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 2254501295
- Building Condition: Good
- Calculated Square Footage: 0
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 21802
- Gross Adjusted Income: 100200
- Gross Rent Multiplier: 16.4
- Gross Scheduled Income: $100,500
- Insurance Expense: $2,803
- Net Operating Income: $78,398
- Other Expenses: $5,253
- Total Monthly Income: 8350
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
Unit 2
- Name Unit 2: 2
Unit 3
- Name Unit 3: 3
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2700.0
- Leasable Area Units: Square Feet
Property History for 1123 14th Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1123 14th Avenue
Taxable ValueLand$508,000Additions$501,000Total$1,009,000
Tax Record2022$8,796 ($733 / month)
Home Facts
Baths3Total Finished SqFt3,620 SqFtAbove Ground SqFt2,700 SqFtFinished Basement SqFt920 SqFtStories2Lot Size3,840 SqFtStyleTriplexYear Built1903ZoningLR2 (M)CountyKINGAPN225450-1295
Schools near 1123 14th Avenue
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Lowell Elementary School PublicPK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Seattle World School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Cherry Hill
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of TRELORA Realty, Inc.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
