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Listing provided courtesy of Winslow Lee, Kidder Mathews.
Source NWMLS.

2515 Thorndyke Avenue W, Seattle, WA 98199$4,900,000

--
bed
--
bath
9420
ft2
· 10493
ft2 lot
$520 / ft2

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Rare opportunity to own in the Magnolia suburb. 13-Unit 2017 updated property with an opportunity to raise rents by 26% to market rents. The property has been extremely well cared for and has the ability to make easy renovations and raise rents further.Only 10 minutes from downtown Seattle makes this a tenants dream to be able to live in a suburb and commute to work. Just 5 minutes away from well renowned Discovery Park makes this property a true forever asset. All systems are in good condition making this a low maintenance property with all of the rental upside. Other surrounding neighborhoods such as Ballard, Fremont, Queen Anne makes for exciting area for these tenants to live. Financials are T-4 Income & T-12 Expenses. Rents are current

HOA

No HOA

On market

6 months

Year built

1959

Property type

Residential Income

Parking

10

MLS

1936081

Price / Sq.Ft.

$520 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 2515 Thorndyke Avenue W

Interior Features & Layout
Heating & Cooling
•   
Heating Details: Baseboard
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Source: King County
•   
Developer/Bldr Lot: Magnolia
•   
Lot Dimensions: 10492
•   
Acres: 10494 sq ft
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Style: 10+ Units
•   
Stories: 3
Property Features
•   
Living Area Units: Square Feet
Parking Info
•   
Covered Spaces: 10
Listing Details, Costs & Financing Information
Tax/Assessment Info
•   
Tax Year: 2022
•   
Taxes: 39185.89
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
School Neighborhood & Directions
Location
•   
Subdivision: Magnolia
School Info
•   
Directions: From Dravus Drive, take a left on Thorndyke Ave W, property will be on your right at 2515 Thorndyke Ave W.

Neighborhood snapshot

11
Properties for sale
7
Median days on market
$542.43
Median sold price/sqft
102.33%
Sold/List %
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Property History for 2515 Thorndyke Avenue W

05/17/2022
05/17/2022
NWMLS #1936081
active
NWMLS #1936081
$4,900,000
+12.64%
07/17/2017
07/17/2017
NWMLS #1086603
sold
NWMLS #1086603
$4,350,000
04/01/2017
04/01/2017
NWMLS #1086603
pending
NWMLS #1086603
03/06/2017
03/06/2017
NWMLS #1086603
active
NWMLS #1086603
$4,550,000

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0 bed
0 bath
9372
 ft²
 · 
9905
 ft²  lot
Courtesy of NWMLS

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