1418 Northwest 70th Street

Seattle, WA 98117

$1,002,000
Last Sold Price
—
Beds
1,946 Sq. Ft.
$515 / Sq. Ft.
1,946
Sq. Ft.
$515
per Sq. Ft.

Description

Offers being reviewed by seller's attorney. Not accepting any new showing requests Vintage brick mixed use investment property in popular Whittier neighborhood of north Ballard. Triplex includes a 1 BR apartment, a 2 BR apartment, and the restaurant's commercial space currently occupied by popular Fat Hen restaurant (renter since 2017). The leases for the restaurant and one apartment are month to month, the lease for 7002 apartment expires in April. Boasting a walkscore of 87, on this cute commercial...Offers being reviewed by seller's attorney. Not accepting any new showing requests Vintage brick mixed use investment property in popular Whittier neighborhood of north Ballard. Triplex includes a 1 BR apartment, a 2 BR apartment, and the restaurant's commercial space currently occupied by popular Fat Hen restaurant (renter since 2017). The leases for the restaurant and one apartment are month to month, the lease for 7002 apartment expires in April. Boasting a walkscore of 87, on this cute commercial block with several other restaurants and businesses and just off 15th NW transit.
  1. Listed by Eric Nissen • Real Property Associates
  2. Listed by Gordon Stephenson • Real Property Associates

Property Details for 1418 Northwest 70th Street

Community Name
Whittier
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Offers Review Date
01-23-2024
Entry Date
01-16-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:48 AM

Property Details for 1418 Northwest 70th Street

StatusSold
MLS #2186715
Days on Market22
Cumulative Days on Market22
Taxes$2,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.07 AC / 2,875 SF
CountyKing County

Building Information for 1418 Northwest 70th Street

Stories1Residences3Year Built1926Building Size-Lot Size0.07 AC / 2,875 SF

Property Information for 1418 Northwest 70th Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Whittier
  • Middle Or Junior School: Whitman Mid
  • High School: Ballard High
  • Effective Year Built Source: Public Records
  • Directions: 15th NW east on 70th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: Yes
Exterior Features
  • Exterior: Brick
  • Roof: Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2500
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • Construction Methods: Steel & Concrete
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1963
  • Photos Count: 40
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0461003470
  • Building Condition: Good
  • Calculated Square Footage: 1946
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1946.0
  • 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: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6927
  • Gross Adjusted Income: 64800
  • Gross Rent Multiplier: 13.88
  • Gross Scheduled Income: $64,800
  • Insurance Expense: $1,750
  • Net Operating Income: $57,873
  • Other Expenses: $0
  • Total Monthly Income: 5400
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1946.0
  • Leasable Area Units: Square Feet

Property History for 1418 Northwest 70th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1418 Northwest 70th Street

Taxable ValueLand$589,300Additions$1,000Total$590,300
Tax Record2024$6,396 ($533 / month)
Home Facts
Total Finished SqFt1,300 SqFtAbove Ground SqFt1,300 SqFtStories1Lot Size2,875 SqFtStyleOffice BuildingYear Built1926Year Renovated1963ZoningLR2 RC (M)CountyKINGAPN046100-3470

Schools near 1418 Northwest 70th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Whittier Elementary School
PublicK to 5

Whitman Middle School
Public6 to 8

Ballard High School
Public9 to 12

Salmon Bay School
PublicK to 8

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

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Similar Sold Homes

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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 Real Property Associates

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.