Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1923
View City Lake
Property Subtype Multi Family
Tax Year 2025
Building Name Latona Addition
County King
Net Operating Income 40000
Insurance Expense 333
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wallingford
Possible Use Residential
Special Listing Conditions None
Status Active
Directions East or West on 40th in Wallingford Neighborhood. Property is on the Northeast corner of 40th and 2nd NE
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Open Parking Spaces 0
Number Of Units Total 3
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 4670
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 12218
Electric Expense 0
Fuel Expense 0
Property Condition Average
Public Remarks A Rare Opportunity to acquire a site perfect for Seattle's Middle Housing Plan. Site size should support a 4 Townhome configuration(buyer to verify). Transit rich location-on the Frequent Transit Net
Leasable Area 4120
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Combined
Units Below Grade true
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 2.9