Bought with WPI Real Estate Services, Inc.
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Key Details
Sold Price $1,300,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $588
Subdivision University District
MLS Listing ID 1904112
Sold Date 05/31/22
Style 18 - 2 Stories w/Bsmnt
Bedrooms 5
Full Baths 3
Year Built 1922
Annual Tax Amount $7,613
Lot Size 3,945 Sqft
Property Description
Location, location: 1 block walk to UW campus. Zoning, zoning: LR3 zoning, last few houses left in the greek row of UW area. Owner spent about $100,000 within the last 3 years to update the house. Pre-leased to August 2023 with a holding deposit for $4,950/mo. Off street parking spaces to allow up to 4 cars. The value is in the land. Currently the on going land for this location is $350/sqft. Plus easy rental income of almost $60,000/year while waiting for permits. 17 years no vacancies even during Covid. Come & see this block with new constructions booming. The 1st time on market in the last 17 years. Markets going up & down, but UW area keeps its value as strong as a rock. If you have not, this is a great time to get into UW market.
Location
State WA
County King
Area 710 - North Seattle
Rooms
Basement Partially Finished
Main Level Bedrooms 2
Interior
Interior Features Forced Air, Water Heater
Flooring See Remarks
Fireplaces Number 1
Fireplace true
Appliance Dryer, Refrigerator, Stove/Range, Washer
Exterior
Exterior Feature See Remarks, Wood Products
Utilities Available Natural Gas Available, Sewer Connected, Natural Gas Connected
Amenities Available Fenced-Partially, Gas Available
Waterfront No
View Y/N No
Roof Type Composition
Parking Type Off Street
Garage No
Building
Lot Description Sidewalk
Story Two
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, See Remarks
Listing Terms Cash Out, Conventional, See Remarks
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Gini Anderson
Managing Broker | License ID: 27862
Managing Broker License ID: 27862