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4528 20th Avenue NE, Seattle, WA 98105
$2,410,000
4528 20th Avenue NE, Seattle, WA 98105View this property at 4528 20th Avenue NE, Seattle, WA 98105
4528 20th Avenue NESeattleWA98105
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Property Description
Turn around 27 unit apartment complex listed at 5.2% Cap Rate based so far on 2023. Current vacancy at 19% which allows for instant potential to increase cap rate.This complex has 1 kitchen 4 showers and 4 rest rooms; coin op laundry, and 6 parking stalls. All studios are decent sized with mini fridge, microwave, bed, chair and desk. All windows upgraded to vinyl cased thermopane. All original systems are intact and working well. All rooms have baseboard radiator heat supplied by central gas fired boiler with four zones, dedicated thermostat on each floor. 2 hot gas hot water tanks. In 2021 and 2022, all flooring was upgraded to LVP. New Torch down roof is 2017. Ask Broker to see more pictures of the property.
Full Property Details
Full Property Details for 4528 20th Ave NE
General
- Sold For: $2,410,000
- Taxes: $20,166 (2022)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2165235
- Added to Site: 257 day(s) ago
Interior
- Flooring: Vinyl Plank
Additional Information
- Amenities: Outbuildings, Sprinkler System
Parking
- Carport Spaces: 4
- Uncovered Spaces: 2
Location
- Area: 710 - North Seattle
- County: King
- Subdivision: University District
- Building Name: CAMPUS ADD N 38.78 FT
- Driving Directions: Exit 169a towards 50th st. Left onto 50th, right onto 20th ave NE. Property located on east side of road.
School Information
- High School District: Seattle
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Flat
- Stories in Building: 4
- Square Feet: 5,952
- Aprox. Leasable: 5,952 Sq. Ft.
- Year Built: 1964
- Property Condition: Average
Unit Information
- Units in Building: 27
Lot Features
- Lot Size (Acres): 0.089
- Lot Size (Sq. Ft.): 3,878
- Lot Size Source: Realist
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Zoning: Multi-Family
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $20,166
- Tax Year: 2022
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1321300060
- Block: 1
- Lot Number: 10
Listed by Craig Ruden | Best Choice Realty | (206) 886-3986
Sold by Jasmine Jung | Windermere Real Estate Central
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Schools
Schools serving 4528 20th Ave NE
School District:Seattle Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4530 46th Ave Ne, Seattle, WA 98105 | K-5 | 1.3 mi | |
3003 Ne 75th St, Seattle, WA 98115 | 6-8 | 1.5 mi | |
1410 Ne 66th St, Seattle, WA 98115 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4528 20th Ave NE
Date
Details
Price
Change
Source
5/22/2024
Sold
$2,410,000
-6.95%
MLS
11/12/2023
Price Reduced
$2,590,000
-3.9%
MLS
9/27/2023
Listed
$2,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4528 20th Avenue NE, Seattle, WA 98105 (MLS# 2165235) is a Multi-Family property that was sold at $2,410,000 on May 22, 2024. Want to learn more about 4528 20th Avenue NE? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.