Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject to Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1947
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 450187
Insurance Expense 38250
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Magnolia
Special Listing Conditions None
Status Active
Directions From I5 take exit for NE 80th. Left on 15th ave NW right on W Dravus. Left on 20th. Straight on Thorndyke. Property is on the left.
City Seattle
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 17
Number Of Units Total 43
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 48462
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 87742
Electric Expense 0
Fuel Expense 0
Public Remarks Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The curren
Leasable Area 23348
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 43
Water Sewer Garbage 73462
Property Style 56 - 10+ Units
Cap Rate 5.4