8001 Densmore Avenue North

Seattle, WA 98103

$4,995,000
Price
19
Beds
10
Baths
8,600 Sq. Ft.
$581 / Sq. Ft.
8,600
Sq. Ft.
$581
per Sq. Ft.
Listing provided courtesy of Lee & Associates Commercial RE

Description

Seller Financing available with25%down, at 5% Interest only for 5 years. Desirable & spacious unit mix including two 1-bedrooms, seven 2-bedrooms, and one 3-bedroom which include garages for off street parking or storage. Well-situated nearby amenities & employment drivers. Current below market rents provide future rent upside Well-maintained pride of ownership buildings, provides future investor with current cashflow and peace of mind for key building systems. Please do not disturb or contact tenants...Seller Financing available with25%down, at 5% Interest only for 5 years. Desirable & spacious unit mix including two 1-bedrooms, seven 2-bedrooms, and one 3-bedroom which include garages for off street parking or storage. Well-situated nearby amenities & employment drivers. Current below market rents provide future rent upside Well-maintained pride of ownership buildings, provides future investor with current cashflow and peace of mind for key building systems. Please do not disturb or contact tenants in any way.
  1. Listed by Christopher Larsen • Lee & Associates Commercial RE
  2. Listed by Dea Sumantri • Lee & Associates Commercial RE

Property Details for 8001 Densmore Avenue North

Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
8
Total Covered Parking
7
Entry Date
09-30-2024
Energy Source
Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 09/30/2024 05:02 PM

Property Details for 8001 Densmore Avenue North

StatusActive
MLS #2296697
Days on Market31
Cumulative Days on Market197
Taxes$37,627 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.34 AC / 14,805 SF
CountyKing County

Building Information for 8001 Densmore Avenue North

Stories2Residences10Year Built1945Building Size-Lot Size0.34 AC / 14,805 SF

Property Information for 8001 Densmore Avenue North

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Daniel Bagley
  • Middle Or Junior School: Robert Eagle Staff Middle School
  • High School: Ingraham High
  • Effective Year Built Source: Public Records
  • Directions: Head east on N 80th St
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 0625049071,0625049345
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • 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
  • Floor Covering: Hardwood, Vinyl
  • Features: Hardwood
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Other – See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 13000
  • Power Company: Seattle City Light
  • Sewer Company: Public
  • Water Company: County
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1985
  • Photos Count: 12
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: County
  • Parcel Number Free Text: 0625049345
  • Calculated Square Footage: 8600
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8600.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 84902
  • Gross Adjusted Income: 314640
  • Gross Rent Multiplier: 15.1
  • Gross Scheduled Income: $331,200
  • Insurance Expense: $4,000
  • Net Operating Income: $260,589
  • Other Expenses: $30,275
  • Total Monthly Income: 30171
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1518
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 900
  • Rent Unit 1: $2,845.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1516
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 900
  • Rent Unit 2: $2,845.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1514.5
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 600
  • Rent Unit 3: $2,195.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1514
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 900
  • Rent Unit 4: $2,845.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 1512.5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 600
  • Rent Unit 5: $2,195.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 1512
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 900
  • Rent Unit 6: $2,845.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 8007
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 1100
  • Rent Unit 7: $3,295.00
  • Bedrooms Unit 7: 3
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8005
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 900
  • Rent Unit 8: $2,845.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 8003
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 900
  • Rent Unit 9: $2,845.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 8001
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 900
  • Rent Unit 10: $2,845.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8600.0
  • Leasable Area Units: Square Feet

Property History for 8001 Densmore Avenue 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 8001 Densmore Avenue North

Taxable ValueLand$1,268,500Additions$120,500Total$1,389,000
Tax Record2022$12,227 ($1,019 / month)
Home Facts
Total Finished SqFt3,780 SqFtAbove Ground SqFt3,780 SqFtStories2Lot Size5,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945Year Renovated1985ZoningLR2 (M)CountyKINGAPN062504-9345Fireplace TypeHas Fireplace

Schools near 8001 Densmore Avenue North

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Daniel Bagley Elementary School
Public - K to 5
Robert Eagle Staff Middle School
Public - 6 to 8
Ingraham High School
Public - 9 to 12
Education Service Centers
Public - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 to 12

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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More information about 8001 Densmore Avenue North, Seattle, WA 98103

8001 Densmore Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on September 30, 2024 by Lee & Associates Commercial RE, it's currently listed at $4,995,000. It has been on the market for a total of 31 days and was last sold on May 12, 2011. This listing's school district is Seattle Public Schools. Nearby schools include Daniel Bagley Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 8001 Densmore Avenue North is a 19-bed, 10-bath, 8,600 sqft multi-family home built in 1945.

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 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.