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Listing provided courtesy of Raymond Butler, Butler Real Estate Group.
Source NWMLS.
812 29 Ave S, Seattle, WA 98144
12
beds
6
baths
6935
ft2
· 15000
ft2 lot
$4,200,000
$606 / ft2
Amazing opportunity to own two 4 unit buildings and one buildable vacant lot all totaling 15,000 sq ft. Upper units have great city views. Additionally included is a large work shop with ventilation system and bathroom. 12 covered parking spaces located in the center of Seattle. Newer Roof. All zoned LR2(M) for future development. Steady income. Blocks from 23rd Ave Light Rail station. Great income investment with many development possibilities! SELLER FINANCING AVAILABLE
HOA
$0/month
On market
6 months
Year built
1990
Property type
55 5 Plex,Multi Family
Parking
15
MLS
1681906
Price / Sq.Ft.
$606 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $4,200,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$31,500
$5,013
+$721/day
$26,487
Best
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$31,500
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$31,500
Better
Discount Brokerage
$14,490
not offered
$14,490
Average
Traditional Brokerage
$0
not offered
$0
Variable
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Property Details
Interior Features & Layout
Oven Unit 1
Oven Unit 1
Oven Unit 2
Oven Unit 2
Heating Details
Baseboard
Refrigerator Unit 1
Refrigerator Unit 1
Flooring
Laminate Tile, Wall to Wall Carpet
Unit 6 Beds
2
Refrigerator Unit 2
Refrigerator Unit 2
Unit 5 Beds
2
Unit 1 Baths
1.00
Unit 4 Beds
2
Unit 2 Baths
1.00
Unit 3 Baths
1.00
Unit 3 Beds
2
Unit 4 Baths
1.00
Unit 2 Beds
2
Unit 1 Beds
2
Unit 5 Baths
1.00
Unit 6 Baths
1.00
Property, Lot, Community & Exterior Features
Total Units In Building
8
Vacancy Rate
3
Garage Spaces
12
View
Territorial
Area Amenities
Coin Op Laundry
Zoning
Multi-Family
Lot Features
Cable TV
Lot Size Source
Public Records
Mls Prop Type
55 - 5-Plex, Multi-Family
Building Exterior Details
Stucco, Wood
Uncovered Spaces
2
Zoning Type
City
Unit 6 Sqft
800
Building Condition
Good
Unit 5 Sqft
800
Style
55 - 5-Plex
Unit 4 Sqft
800
Unit 3 Sqft
800
Roof
Flat
Effective Year Built
1990
Unit 2 Sqft
800
Lot Details
Curbs, Paved Street, Sidewalk
Unit 1 Sqft
800
Carport Spaces
1
Mls Property Type
Multi-Family
Unit 1 Details
1
Unit 2 Details
2
Unit 3 Details
3
Lot Dimensions
15000
Unit 4 Details
4
Number Stories
3
Unit 5 Details
5
Year Built Source
PR
Unit 6 Details
6
Utilities & Other Information
Water / Sewer / Garbage
11682
Water Source
Public
Power Company
City of Seattle
Sewer Company
City of Seattle
Energy Source
Electric
Sewer
Sewer Connected
Water Company
City of Seattle
Electric Expenses
768
Listing Details, Costs & Financing Information
Insurance Expenses
11200
Form 17
Provided
Possession
Closing, Sub. Tenant's Rights
Buyer's Agent Commission
3%
Terms
Cash Out, Conventional
Net Operating Income
182781
Monthly Rent
20000
Gross Rent Multiplier
17
Cap Rate
4.40
Tax Year
2020
Sale Type
MLS
Status
Active
Gross Scheduled Income
240000
Offers
RECEIPT
Taxes
28469
Operating Expense
52119, 52119
Preliminary Title Ordered
Preliminary Title Ordered
Apn
0567000590
Gross Adjusted Income
232800
School Neighborhood & Directions
Elementary School
Thurgood Marshall El
High School
Garfield High
Directions
East on Jackson, South on 29th Ave S, complex on East side of street.
Middle School
Wash Mid
Details provided by NWMLS and may not match the public record.The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 13, 2021 9:46pm
Neighborhood snapshot
63
Properties for sale
7
Median days on market
$507.19
Median sold price/sqft
101.61%
Sold/List %
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Property History
02/09/2021
02/09/2021
NWMLS #1681906
active
NWMLS #1681906
$4,200,000
--3.45%
11/14/2020
11/14/2020
NWMLS #1681906
active
NWMLS #1681906
$4,350,000
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Courtesy of NWMLS
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