2337 North 59th Street

Seattle, WA 98103

$1,250,000
Price
4
Beds
2
Baths
2,400 Sq. Ft.
$521 / Sq. Ft.
2,400
Sq. Ft.
$521
per Sq. Ft.

Description

This Spanish style Duplex located on the East side of Greenlake is just minutes away from the lake and all of its amenities. This legal duplex is uniquely located in an area zoned NR3 residental, and is surrounded by very nice, well maintained homes. An exceptionally good fit for early investors looking to build a portfolio. Seasoned investors will recognize the value of this extraordinary location. This area of Seattle has historically provided exceptional price and rent stability, and being one...This Spanish style Duplex located on the East side of Greenlake is just minutes away from the lake and all of its amenities. This legal duplex is uniquely located in an area zoned NR3 residental, and is surrounded by very nice, well maintained homes. An exceptionally good fit for early investors looking to build a portfolio. Seasoned investors will recognize the value of this extraordinary location. This area of Seattle has historically provided exceptional price and rent stability, and being one of the most disirable areas of Seattle, the appreciation rates tend to surrounding areas. The property has been pre-inspected and unit 2337 is vacant. Please do not disturb tenants on occupied (left) side of building.

Listing Agents

  1. Erez Toker

    Erez Toker

    Listing Agent

    Compass

    erez.toker@compass.com

    P: 206.794.8578

  2. Michael Wong

    Michael Wong

    Alternative Listing Agent

    Compass

Property Details for 2337 North 59th Street

Community Name
Green Lake
School District
Seattle
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
2
Entry Date
09-13-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Open Houses

Saturday, Sep 21st

1:00 PM - 3:30 AM

Public

Sunday, Sep 22nd

11:30 AM - 2:30 AM

Public

LISTING UPDATED: 09/20/2024 12:25 AM

Property Details for 2337 North 59th Street

StatusActive
MLS #2289210
Days on Market7
Cumulative Days on Market7
Taxes$10,909 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.11 AC / 4,600 SF
CountyKing County
Buyer's Agent Compensation2.5%

Building Information for 2337 North 59th Street

Stories2Residences2Year Built1929Building Size-Lot Size0.11 AC / 4,600 SF

Property Information for 2337 North 59th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Patio
  • Area: 705 - Ballard/Greenlake
  • Block: 34
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: 50th NE to Meridian. North on Meridian. Right on 55th. Left on Kirkwood to 59th. Take right. Or from the lake, go south on Kirkwood to 59th
  • 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: 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: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Amenities: Basement,Storage,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: 90%+ High Efficiency, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Flat
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 300
  • Power Company: Seattle City Light
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 30
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 3-6
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 3856901680
  • Building Condition: Good
  • Calculated Square Footage: 2400
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2400.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13009
  • Gross Adjusted Income: 57191
  • Gross Rent Multiplier: 17.8
  • Gross Scheduled Income: $70,200
  • Insurance Expense: $1,800
  • Net Operating Income: $57,191
  • Other Expenses: $0
  • Total Monthly Income: 5850
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2339
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1200
  • Rent Unit 1: $2,800.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2337
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1200
  • Rent Unit 2: $2,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2400.0
  • Leasable Area Units: Square Feet

Property History for 2337 North 59th 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 2337 North 59th Street

Taxable ValueLand$636,000Additions$601,000Total$1,237,000
Tax Record2022$10,555 ($880 / month)
Home Facts
Baths2Total Finished SqFt3,330 SqFtAbove Ground SqFt2,400 SqFtFinished Basement SqFt930 SqFtStories1Lot Size4,600 SqFtStyleDuplexYear Built1929ZoningNR3CountyKINGAPN385690-1680Fireplace TypeHas Fireplace

Schools near 2337 North 59th Street

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 - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

McDonald International 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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Similar Sold Homes

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2337 North 59th Street is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on September 13, 2024 by Compass, it's currently listed at $1,250,000. It has been on the market for a total of 7 days and was last sold on December 12, 2019. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Hamilton International Middle School and Lincoln High School. 2337 North 59th Street is a 4-bed, 2-bath, 2,400 sqft multi-family home built in 1929.

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 COMPASS

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.