Living Area 0
Sewer Sewer Connected
Heating Other See Remarks
Cooling None
Possession Closing
Roof Composition Flat
HOA Fee 0
Garage Spaces 0
Year Built 1954
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 432793
Insurance Expense 27250
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Magnolia
Special Listing Conditions None
Status Active
Directions Take 1st Ave Elliott Ave W and W Garfield St/Magnolia Bridge Ramp to Thorndyke Ave W.
City Seattle
Senior Community Y/N N
High School District Seattle
Number Of Units Total 31
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 34262
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 63999
Electric Expense 0
Fuel Expense 0
Public Remarks The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 mult
Leasable Area 17406
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 31
Water Sewer Garbage 51154
Property Style 56 - 10+ Units
Cap Rate 7