5262 15th Avenue Northeast
Seattle, WA 98105
$1,450,000
Price
—
Beds
2,890 Sq. Ft.
$502 / Sq. Ft.
2,890
Sq. Ft.
$502
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate Co.
Description
Fantastic investment opportunity with this fully renovated University District craftsman duplex rooming house. Just blocks from University of Washington and the Link Light Rail station. University of Washington is home to 40,000+ students offering an endless rental pool. Home is legal duplex, currently rented together. Lower unit has 2 beds/ 1 bath while upper unit has 5 beds/ 2 baths. Spacious bedrooms and living space, with two kitchens and two living rooms and laundry area. Recently renovated...Fantastic investment opportunity with this fully renovated University District craftsman duplex rooming house. Just blocks from University of Washington and the Link Light Rail station. University of Washington is home to 40,000+ students offering an endless rental pool. Home is legal duplex, currently rented together. Lower unit has 2 beds/ 1 bath while upper unit has 5 beds/ 2 baths. Spacious bedrooms and living space, with two kitchens and two living rooms and laundry area. Recently renovated means minimal maintenance and low cost to own. Central location with easy access- walk score 97. Across from University Playground, minutes to restaurants, Trader Joes, Safeway, movie theater, public library, and U District Farmer's Market.
Property Details for 5262 15th Avenue Northeast
Community Name
University District
School DistrictSeattle
Number of Assigned Spaces0
Total Covered Parking0
Entry Date05-20-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 09/05/2024 05:48 AM
Property Details for 5262 15th Avenue Northeast
| Status | Active |
|---|---|
| MLS # | 2240558 |
| Days on Market | 163 |
| Cumulative Days on Market | 155 |
| Taxes | $10,256 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1926 |
| Lot Size | 0.07 AC / 2,839 SF |
| County | King County |
Building Information for 5262 15th Avenue Northeast
Stories3Residences1Year Built1926Building Size-Lot Size0.07 AC / 2,839 SF
Property Information for 5262 15th Avenue Northeast
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 710 - North Seattle
- Elementary School: Laurelhurst
- Middle Or Junior School: Eckstein Mid
- High School: Roosevelt High
- Directions: From NE 50th, turn north onto 15th Ave NE. Home on your right.
- 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
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 Plank, Carpet
- Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
- Amenities: Basement,See Remarks
- Cooling: Yes
- Cooling: Ductless HP-Mini Split
- Fireplace: No
- Heating: Yes
- Heating: Ductless HP-Mini Split
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- 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
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- MLS Square Footage Source: tax records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 22
Lot Information
- Lot Details: Alley, Curbs, Paved, Sidewalk
- Lot Number: A
- Lot Size Source: tax records
- Parcel Number Free Text: 8823900865
- Calculated Square Footage: 2890
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2890.0
- 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: 1
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 13025
- Gross Adjusted Income: 90000
- Gross Rent Multiplier: 16.11
- Gross Scheduled Income: $90,000
- Insurance Expense: $0
- Net Operating Income: $76,975
- Other Expenses: $2,769
- Total Monthly Income: 7500
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2890.0
- Leasable Area Units: Square Feet
Property History for 5262 15th Avenue Northeast
| 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 5262 15th Avenue Northeast
Taxable ValueLand$660,000Additions$557,000Total$1,217,000
Tax Record2022$10,256 ($855 / month)
Home Facts
Baths3Total Finished SqFt3,840 SqFtAbove Ground SqFt2,890 SqFtFinished Basement SqFt950 SqFtStories2Lot Size2,839 SqFtStyleDuplexYear Built1926ZoningLR3 (M)CountyKINGAPN882390-0865Fireplace TypeHas Fireplace
Schools near 5262 15th Avenue Northeast
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 |
|---|---|---|
Laurelhurst Elementary School PublicK to 5 | ||
Eckstein Middle School Public6 to 8 | ||
Roosevelt 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.
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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 Windermere Real Estate Co.
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.
