• Listing status icon

    $10,900,000

  • Sold 12/1/17 | MLS#: 1193781
  • 30,347Sq Ft

4040 7th Ave NE Seattle, WA 98105

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Overview

Fantastic University District location walking distance to new light rail station. Building was completely remodeled in 2017 with new cabinets, quartz counters, new flooring, paint, mill work and fixtures. Brand new windows and recent roof. Completely turn-key. Easy access to UW, 93 walk score, on transit line and views of Lake Union!

Listing provided courtesy of: Westlake Associates, Inc.

General Features

  • County King
  • Zoning Code Multi-Family
  • Style 56-10+ Units
  • Number of Stories 4
  • Number of Units 27
  • Year Built 1987
  • Lot Square Footage 10,000
  • County King

Building Features

  • Approx SqFt 30,347
  • Roof Flat
  • Exterior Wood
  • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation Poured Concrete

Financials

  • Total Monthly Income $68,170
  • Net Operating Income $594,823
  • Gross Scheduled Income $818,040
  • Gross Adjusted Income $777,138
  • Total Expenses $182,315
  • Other Expenses $82,186
  • Insurance Expenses $6,400
  • Expenses $182,315
  • Electrical Expenses $10,000
  • Gross Rent Multiplier 15

Utilities and Taxes

  • Tax Year 2017
  • Tax Amount $63,729
  • Energy Source Electric
  • Heating and Cooling Baseboard
  • Sewer Company Sewer Connected

Schools

  • School District Seattle

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Days on Market

  • This property was listed on the market for 5 days

Location

The property map location is: Accurate, based on Google's address match.

Home Valuation

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Community Demographics for Zip Code 98105 (Seattle)

Housing Occupancy
  • Home Owners: 7,897 (35%)
  • Renters: 13,600 (60%)
  • Vacant: 1,001 (4%)
  • Total Housing Units: 22,498
Households
  • Average Household Size: 2.17
  • Housing Density (People per square mile): 14,460
Age Range (number of people)
  • Age 0-14: 11,395
  • Age 15-24: 4,174
  • Age 25-39: 12,692
  • Age 40-59: 21,980
  • Age 60-79: 7,778
  • Age 80+: 1,702
  • Total: 59,721

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 98105 (Seattle)

Public Schools in Zip Code 98105 (Seattle)

* This list of schools may not match the property above.

JOHN STANFORD INTERNATIONAL ELEMENTARY 4057 5 AV NE SEATTLE, WA 98105 Phone: 2062526080 K-5th
Grade Size Distribution
  • Knd: 56
  • 1st: 64
  • 2nd: 63
  • 3rd: 60
  • 4th: 60
  • 5th: 63
School Population
  • Teachers: 19
  • Students per Teacher: 19.3
  • Students: 366
  • Male/Female: 182/184
School District
  • SEATTLE PUBLIC SCHOOLS
  • 2445 3RD AVE SOUTH SEATTLE, WA 98124
  • Phone: 2062520100
District Population
  • Schools: 106
  • Full-Time Teachers: 2540
  • Students per Teacher: 18.1
  • Staff: 4918
  • Students: 45968
LAURELHURST ELEMENTARY SCHOOL 4530 46 AV NE SEATTLE, WA 98105 Phone: 2062525400 K-5th
Grade Size Distribution
  • Knd: 110
  • 1st: 77
  • 2nd: 78
  • 3rd: 78
  • 4th: 75
  • 5th: 85
School Population
  • Teachers: 23
  • Students per Teacher: 21.9
  • Students: 503
  • Male/Female: 239/264
School District
  • SEATTLE PUBLIC SCHOOLS
  • 2445 3RD AVE SOUTH SEATTLE, WA 98124
  • Phone: 2062520100
District Population
  • Schools: 106
  • Full-Time Teachers: 2540
  • Students per Teacher: 18.1
  • Staff: 4918
  • Students: 45968

Private Schools in Zip Code 98105 (Seattle)

* This list of schools may not match the property above.

MENACHEM MENDEL SEATTLE CHEDER SEATTLE, WA 98105 Phone: 206 PreK-8th
Grade Size Distribution
  • PreK: 19
  • Knd: 11
  • 1st: 4
  • 2nd: 9
  • 3rd: 8
  • 4th: 6
  • 5th: 7
  • 6th: 7
  • 7th: 4
  • 8th: 10
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 85
UNIVERSITY CHILD DEVELOPMENT S 5062 9TH AVE NE Seattle, WA 98105 Phone: 2065475059 PreK-5th
Grade Size Distribution
  • PreK: 56
  • Knd: 41
  • 1st: 40
  • 2nd: 43
  • 3rd: 41
  • 4th: 36
  • 5th: 41
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 298
UNIVERSITY COOPERATIVE SCHOOL SEATTLE, WA 98105 Phone: 2065243084 PreK-4th
Grade Size Distribution
  • Knd: 12
  • 1st: 12
  • 2nd: 12
  • 3rd: 12
  • 4th: 12
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 60
VILLA ACADEMY 5001 NE 50th St. Seattle, WA 98105 Phone: 2065248885 PreK-8th
Grade Size Distribution
  • PreK: 48
  • Knd: 46
  • 1st: 47
  • 2nd: 56
  • 3rd: 53
  • 4th: 47
  • 5th: 50
  • 6th: 55
  • 7th: 61
  • 8th: 48
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 511
La Escuelita Bilingual School 2500 A NE 49th St. Seattle, WA 98105 Phone: 2065232437
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 0

* School data provided by US Department of Education


This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2017. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.
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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional