5905 Seaview Avenue NW, Seattle, WA 98107
- $4,125,000
- 4,340
- SqFt
Listing courtesy of Windermere Real Estate Midtown. Selling Office: Windermere Real Estate/East.
- Sold Price
- $4,125,000
- List Price
- $4,400,000
- Status
- SOLD
- MLS#
- 2138144
- Closing Date
- Nov 02, 2023
- Days on Market
- 137
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 4,340
- Area Total SqFt
- 4340
- Annual Tax Ammount
- 27350
- Lot Size (sq ft)
- 5,722
- Sewer
- Sewer Connected
Property Description
This custom 2010 build was intended as a condominium but never used as such; each owner has occupied as a residence using the whole space instead. Great opportunity to complete the condominiumization and sell 3 units separately or use as an income stream. 2 private elevators and separate entrances allow 3 distinct levels of accessible living. On the shoreline of the saltwater path to the Locks, you can paddle board or sea-gaze to your hearts content. Direct Water views and indoor/outdoor living from every floor; lowest level one bed has a yard with direct beach access, main level 2 bed + den has a party sized patio, and upper level 2 bed + den penthouse has a 'crow’s nest' top deck. Two 2-car garages. Super-size Wow Factor!
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Additional Information
- List Date
- 2023-06-18 00:00:00
- Community
- Ballard
- Net Operating Income
- $223,967
- Gross Adjusted Income
- $292,212
- Gross Scheduled Income
- $296,640
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $4,053
- Gross Rent Multiplier
- 15
- Total Expenses
- $55,389
- Cap Rate
- 4.79
- Vacancy Rate
- 3
- Total Number of Units
- 3
- Unit Name
- 5905
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2010
- Waterfront
- Yes
- View
- Bay, Canal, Mountain(s), Sound
- Roof
- Metal
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, Gated Entry, High Speed Internet, Patio, Sprinkler System
- Other Expenses
- 22486
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Gross Scheduled Income
- $296,640
- Vacancy Rate
- 3
- Gross Adjusted Income
- $292,212
- Tax Year
- 2022
- Insurance Expense
- $1,500
- W/S/G Expenses
- $4,053
- Total Expenses
- $55,389
- Net Operating Income
- $223,967
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.79
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.