3825 34th Avenue W, Seattle, 98199

REDUCED 3% Residential Income - Multi-Family For Sale in Magnolia

$5,995,000

Beds
Baths
13,237Sqft
.28Acres
1967Built
116DOM
MLS® #: 1882339
Active, 116 Days on Market

Positioned just blocks from Magnolia’s Discovery Park, on two NC1-40 (M) zoned, 6,000 sf parcels, this 18-unit complex consist of two 1967 constructed buildings. The buildings are centered around a common courtyard and namesake fountain. The unit mix comprises of nine 1-bedroom and nine 2-bedroom units with an average unit size of 735 sf. The units feature individual washers and dryers, stainless steel appliances, undermount sinks, hard surface counters and LVT flooring, and several units have fireplaces. With nearly all units renovated, investors may realize additional upside to be had in rents in this opportunity to acquire 18 units in one Seattle’s most desirable residential neighborhoods.

Listing Office: Lee & Associates Commercial RE.

Price & Status History

Date Details
Price Reduced from $6,195,000 to $5,995,000

Essential Information

MLS® #: 1882339
Price: $5,995,000
Bathrooms: 0.00
Square Footage: 13,237
Acres: 0.28
Year Built: 1967
Type: Residential Income
Sub-Type: Multi-Family
Status: Active

Financials

Property Taxes: $43,773
$/SqFt: $453

Community Information

Address: 3825 34th Avenue W
Area: 700 - Queen Anne/Magno
Subdivision: Magnolia
City: Seattle
County: King
State: WA
Zip Code: 98199

Amenities

Parking Spaces: 10

Interior

# of Stories: 2

Exterior

Exterior Features: Cement/Concrete, See Remarks, Wood Products
Lot Description: Paved, Sidewalk
Foundation: Poured Concrete

School Information

District: Seattle

Additional Information

Days on Market: 116
Cumulative Days on Market: 116

Properties for Sale Similar to 3825 34th Avenue W, Seattle, WA

Rare Opportunity To Own In The Magnolia Suburb....

NEW Photo of Listing #1936081

$4,900,000 Active

  • 0.24 Acres
  • 9,420 ft²

Residential Income

2515 Thorndyke Avenue W, Seattle, WA

MLS® #1936081

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. Onl...

Flamingo Terrace Is A Classic 1950’s Value-add ...

Photo of Listing #1905837

$4,500,000 Active

  • 0.18 Acres
  • 7,316 ft²

Residential Income

815 3rd Avenue N, Seattle, WA

MLS® #1905837

Flamingo Terrace Is A Classic 1950’s Value-add Apartment Building In The Heart Of Seattle’s Lower Queen Anne Neighborhood. Built In 1955, The Property Features 8 One-bedroom Units And 3 Two-bedroom Units With A Shared Common Laundry Room And 6 Off-street ...

All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2022. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by First Exclusive Inc and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 24th, 2022 at 7:13am CDT.