7023 16th Avenue, Seattle WA, 98106
(Active)
$1,500,000
|
3,300 sqft
|
MLS# 2219545
Last Updated: 5/19/2024 7:32 AM
Description for
7023 16th Avenue
Seattle, WA 98106
9 Bedroom Rooming house within walking distance of South Seattle College. This remodeled 9 unit rooming house has 8 individual rooms with a 1bedroom 1 bath. All units have their own individual bathroom and share a common kitchen & laundry. Walking distance to South Seattle College makes this an ideal location. Each unit has enough space to comfortably fit a bed, fridge, tv, desk, and more. Market cap rate is a 6.4%. Building is completely vacant allowing an investor to pick their own tenants. Location is only 13 minutes from downtown, minutes from the Junction and only 10 minutes away from Alki beach. This is great investment in a growing neighborhood! Matterport link available for tours.
Price
$1,500,000
Belvidere
King
3,300 (approx)
2219545
Active
Description
9 Bedroom Rooming house within walking distance of South Seattle College. This remodeled 9 unit rooming house has 8 individual rooms with a 1bedroom 1 bath. All units have their own individual bathroom and share a common kitchen & laundry. Walking distance to South Seattle College makes this an ideal location. Each unit has enough space to comfortably fit a bed, fridge, tv, desk, and more. Market cap rate is a 6.4%. Building is completely vacant allowing an investor to pick their own tenants. Location is only 13 minutes from downtown, minutes from the Junction and only 10 minutes away from Alki beach. This is great investment in a growing neighborhood! Matterport link available for tours.
Listing Information
| Property Type: Multi-Family, 2 Story | ||
| 0.12 Acres | 3,300 (approx) | 2013 |
| 2 | Wood | Multi-Family |
Belvidere
Public
Sewer Connected
Neighborhood
School Information
| District: Seattle | ||
Room Information
Interior Features
Hardwood, Laminate, Carpet
None
Electric Heating,
Forced Air
Laminate Hardwood,Wall to Wall Carpet
Exterior / Lot Features
4 Parking Spaces,
Wood
Composition
Mountain, Other
5368
Secluded,Sidewalk
Driving Directions
7023 16th Ave SW Seattle, WA
Financial Considerations
| 3438502762 |
| $6,940 |
Conventional
Listing Price History
Seattle Real Estate
Seattle is located in Washington. Seattle, Washington 98106 has a population of 758,862.
The median household income in Seattle, Washington 98106 is $75,878. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Seattle 98106 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/5/2024 | Active | $1,500,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $6,940 USD | - | $770,000 USD | - |
| 2022 | $6,940 USD | -1.10% | $770,000 USD | 7.84% |
| 2020 | $7,017 USD | 17.13% | $714,000 USD | 8.35% |
| 2019 | $5,991 USD | 5.74% | $659,000 USD | - |
| 2018 | $5,666 USD | 16.23% | $659,000 USD | 21.81% |