2000 Waverly Place North

Seattle, WA 98109

$2,700,000
Price
13
Beds
7
Baths
6,166 Sq. Ft.
$438 / Sq. Ft.
6,166
Sq. Ft.
$438
per Sq. Ft.

Description

Waverly Court (WC) is an 8-unit apt building in East Queen Anne. Conveniently located between Fremont, QA, and South Lake Union, WC is walking distance to local amenities & major tech employers such as Meta & Google. Attractive unit mix: One 1x1 & and Seven 2x1 w/ some upper floor units offering peekaboo water views. Avg. size of nearly 800sf, 2 units have updated kitchen and 5 units has LVT flooring. Tenants have access to private common patio, designated parking & common laundry. By updating the...Waverly Court (WC) is an 8-unit apt building in East Queen Anne. Conveniently located between Fremont, QA, and South Lake Union, WC is walking distance to local amenities & major tech employers such as Meta & Google. Attractive unit mix: One 1x1 & and Seven 2x1 w/ some upper floor units offering peekaboo water views. Avg. size of nearly 800sf, 2 units have updated kitchen and 5 units has LVT flooring. Tenants have access to private common patio, designated parking & common laundry. By updating the units and modernizing the systems and amenities, investors are poised to realize over 27% potential rental upside. WC makes an excellent investment for investors looking to secure a prime location and maximize their returns through value-add play.
  1. Listed by Dea Sumantri • Lee & Associates Commercial RE
  2. Listed by Christopher Larsen • Lee & Associates Commercial RE

Property Details for 2000 Waverly Place North

Community Name
Westlake
School District
Seattle
View
Lake, Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
06-10-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Lee & Associates Commercial RE
Add your commute
LISTING UPDATED: 06/20/2024 03:11 PM

Property Details for 2000 Waverly Place North

StatusActive
MLS #2248613
Days on Market17
Cumulative Days on Market17
Taxes$27,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.17 AC / 7,600 SF
CountyKing County

Location

Listing Courtesy of Lee & Associates Commercial RE
Add your commute

Building Information for 2000 Waverly Place North

Stories3Residences7Year Built1959Building Size-Lot Size0.17 AC / 7,600 SF

Payment Calculator

$17,032 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

$2,297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2000 Waverly Place North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Partially, Patio
  • Area: 700 - Queen Anne/Magnolia
  • Effective Year Built Source: Public Records
  • Directions: On Dexter Ave N heading South, turn left on Newton St. Building is on your left with green fence.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Virtual Tour
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: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
Exterior Features
  • Exterior: Brick, Stucco
  • Roof: Flat
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 11200
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Seller
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 18
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: King County Parcel Viewer
  • Parcel Number Free Text: 9301300541
  • Building Condition: Good
  • Calculated Square Footage: 6166
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6166.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 63962
  • Gross Adjusted Income: 167865
  • Gross Rent Multiplier: 15.3
  • Gross Scheduled Income: $176,700
  • Insurance Expense: $6,000
  • Net Operating Income: $169,060
  • Other Expenses: $19,203
  • Total Monthly Income: 14725
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 601
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 801
  • Rent Unit 2: $1,950.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 801
  • Rent Unit 3: $1,500.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 801
  • Rent Unit 4: $1,825.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 801
  • Rent Unit 5: $1,950.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 801
  • Rent Unit 6: $2,050.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 801
  • Rent Unit 7: $1,900.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6166.0
  • Leasable Area Units: Square Feet

Property History for 2000 Waverly Place North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2000 Waverly Place North

Taxable ValueLand$1,482,000Additions$1,309,000Total$2,791,000
Tax Record2024$27,557 ($2,296 / month)
Home Facts
Total Finished SqFt6,208 SqFtAbove Ground SqFt6,208 SqFtStories3Lot Size7,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1988ZoningLR2 (M)CountyKINGAPN930130-0541

Schools near 2000 Waverly Place North

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 5
Rating
School
Distance
Hay Elementary School
PublicK to 5

Mcclure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Queen Anne Elementary School
PublicK to 5

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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2000 Waverly Place North is a multi-family home for sale in Seattle, WA 98109. This property was listed for sale on June 10, 2024 by Lee & Associates Commercial RE, it's currently listed at $2,700,000. This listing's school district is Seattle Public Schools. Nearby schools include Hay Elementary School, Mcclure Middle School and Lincoln High School. 2000 Waverly Place North is a 13-bed, 7-bath, 6,166 sqft multi-family home built in 1959.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lee & Associates Commercial RE

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.