3019 3rd Avenue West
Seattle, WA 98119
$2,950,000
Price
18
Beds
10
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Pending Inspection
Pending Inspection
Listing provided courtesy of Northmarq Commercial, LLC
Description
We are pleased to present the Davis Apartments in the North Queen Anne neighborhood of Seattle. This ten-unit asset features a mix of two one-bedroom and eight two-bedroom apartments averaging 746 SF. Constructed in 1981, the building feature modern systems and a pitched roof. 100% vacant in anticipation of a sale. This presents an attractive opportunity to quickly renovated all the units to achieve top of market rents.We are pleased to present the Davis Apartments in the North Queen Anne neighborhood of Seattle. This ten-unit asset features a mix of two one-bedroom and eight two-bedroom apartments averaging 746 SF. Constructed in 1981, the building feature modern systems and a pitched roof. 100% vacant in anticipation of a sale. This presents an attractive opportunity to quickly renovated all the units to achieve top of market rents.
- Listed by Matt Johnston • Northmarq Commercial, LLC
- Listed by Taylor Wyman • Northmarq Commercial, LLC
Property Details for 3019 3rd Avenue West
Community Name
Queen Anne
School DistrictSeattle
Number of Assigned Spaces10
Total Covered Parking0
Entry Date10-23-2024
Energy SourceElectric
SewerAvailable
LISTING UPDATED: 11/26/2024 03:26 PM
Property Details for 3019 3rd Avenue West
| Status | Pending Inspection |
|---|---|
| MLS # | 2304771 |
| Days on Market | 34 |
| Cumulative Days on Market | 34 |
| Taxes | $24,035 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1981 |
| Lot Size | 0.19 AC / 8,475 SF |
| County | King County |
Building Information for 3019 3rd Avenue West
Stories3Residences10Year Built1981Building Size-Lot Size0.19 AC / 8,475 SF
Property Information for 3019 3rd Avenue West
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 700 - Queen Anne/Magnolia
- Directions: Turn left onto Denny Wy. Turn right on 1st Ave N. Turn Left on Mercer St. Turn right on Queen Anne Ave N. Left on W Galer St. Turn right after Caffee Fiore. Stay on 3rd ave W, Destination on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 8900000050
Parking
- Number of Carport Spaces: 6.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
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
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 18000
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 20
Lot Information
- Lot Size Source: County
- Parcel Number Free Text: 8900000050
- Calculated Square Footage: 0
- Structure Type: Multi Family
- 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: 4
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 10
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 74198
- Gross Adjusted Income: 2632350
- Gross Rent Multiplier: 12.2
- Gross Scheduled Income: $229,710
- Insurance Expense: $4,500
- Net Operating Income: $189,053
- Other Expenses: $27,663
- Total Monthly Income: 263250
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 800
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 530
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 800
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Square Feet Unit 4: 530
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Square Feet Unit 5: 800
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Square Feet Unit 6: 800
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Square Feet Unit 7: 800
- Bedrooms Unit 7: 2
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Square Feet Unit 8: 800
- Bedrooms Unit 8: 2
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 9
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Square Feet Unit 9: 800
- Bedrooms Unit 9: 2
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 10
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Square Feet Unit 10: 800
- Bedrooms Unit 10: 2
- Bathrooms Unit 10: 1
Rental
Rent Information
- Occupant Type: Owner
- Leasable Area: 7460.0
- Leasable Area Units: Square Feet
Property History for 3019 3rd Avenue West
| 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 3019 3rd Avenue West
Taxable ValueLand$1,356,000Additions$1,871,000Total$3,227,000
Tax Record2022$1,031 ($86 / month)
Home Facts
Total Finished SqFt7,640 SqFtAbove Ground SqFt7,640 SqFtStories3Lot Size8,475 SqFtStyleMulti-Family Dwelling (2-4)Year Built1981Year Renovated1998ZoningLR3 (M)CountyKINGAPN890000-0050
Schools near 3019 3rd Avenue West
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 |
|---|---|---|
Coe Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Cascade Parent Partnership Program 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.
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Listing Courtesy of Northmarq Commercial, LLC
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.
