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    3011 14th Avenue W

    Seattle, WA 98119
    • $1,515,000
    • STATUS: Pending
    • ON SITE: 193 Days
    • ID#: 1758798
    Under Contract
    UPDATED: 32 min ago
    $1,515,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $421
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Pilot Ventures Llc.

    Description

    Valley View Apartments is a well-cared for, stabilized asset with upside in one of Seattles most sought-after neighborhoods. Six spacious 600sf, 1b/1b units, updated over the years with new cabinets, quartz countertops, and updated appliances. Common laundry and a private landscaped backyard. Off-street parking and easy commuting. Minimal deferred maintenance and room to increase performance and capture upside through modernizing interiors. Buyers can expect upwards of a 5.15% stabilized cap-rate and a 4.50% stabilized cash-on-cash return without much of the heavy lifting typically required in a value-add purchase.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T08:14:46.877.

    www.recordrre.com/homes/116214363
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    3011 14th Avenue W Seattle, WA 98119

    • Price: $1,515,000
    • Status: Pending
    • Updated: 32 min ago
    • ID#: 1758798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,600
    SQFT
    $421
    $/SQFT
    1960
    Built
    Neighborhood:
    Queen Anne
    County:
    King
    Area:
    Queen Anne/Magnolia
    School District:
    Seattle
    Property Description
    Valley View Apartments is a well-cared for, stabilized asset with upside in one of Seattles most sought-after neighborhoods. Six spacious 600sf, 1b/1b units, updated over the years with new cabinets, quartz countertops, and updated appliances. Common laundry and a private landscaped backyard. Off-street parking and easy commuting. Minimal deferred maintenance and room to increase performance and capture upside through modernizing interiors. Buyers can expect upwards of a 5.15% stabilized cap-rate and a 4.50% stabilized cash-on-cash return without much of the heavy lifting typically required in a value-add purchase.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features CurbsPavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Building Area Total 3600 Fireplace YN No Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

    Property Features

    Amenities Coin Op Laundry Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 15 Net Operating Income 60922 New Construction YN No Possession Closing Possible Use Residential Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 14652 Tax Year 2020 Units In Building Total 6 Utilities Sewer ConnectedElectricity Available Zoning Class Residential Zoning Jurisdiction County

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T08:14:46.877.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1758798-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1758798-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1758798-1.jpg
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    Engel & Völkers Federal Way
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of Pilot Ventures Llc.