• Listing status icon

    $2,300,000

  • Pending Feasibility | MLS#: 1159707
  • 4,048Sq Ft

1249 5th Ave N Seattle, WA 98109

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Overview

Stable 5 unit apartment building in excellent east slope Queen Anne location, one block north of Highland Drive, with L-3 zoning and outstanding views of city, Lake Union and Cascade Mountains. Approximately 75% of the permit and soft cost work completed for redevelopment of 6 luxury town homes. Huge advantage in both money and TIME. End of virtual tour shows more detail on design concepts and proposed development. Project very viable, owner simply focused on other projects.

Listing provided courtesy of: RE/MAX Northwest Realtors

General Features

  • County King
  • Style 55-5-9 Units
  • Number of Stories 2
  • Number of Units 5
  • Year Built 1912
  • Lot Details Value In Land
  • Lot Square Footage 7,177
  • Site Features Deck
  • View City, Lake, Mountain
  • County King

Building Features

  • Approx SqFt 4,048
  • Roof Compostion
  • Exterior Wood
  • Amenities Coin Op Laundry
  • Floor Covering Hardwood

Financials

  • Total Monthly Income $8,630
  • Net Operating Income $64,601
  • Gross Scheduled Income $103,560
  • Gross Adjusted Income $101,489
  • Total Expenses $36,887
  • Other Expenses $10,320
  • Insurance Expenses $4,761
  • Expenses $36,887
  • Heating Expenses $3,026
  • Gross Rent Multiplier 22

Utilities and Taxes

  • Tax Year 2017
  • Tax Amount $11,344
  • Energy Source Natural Gas
  • Heating and Cooling Radiator
  • Sewer Company Sewer Connected

Schools

  • School District Seattle

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Price & Status History

Days on Market

  • This property has been listed on the market for 118 days
  • Average days-on-market for homes between $1,840,000 - $2,760,000 = 77 (in zip code 98109)

Location

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

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Community Demographics for Zip Code 98109 (Seattle)

Housing Occupancy
  • Home Owners: 5,102 (27%)
  • Renters: 11,292 (60%)
  • Vacant: 2,494 (13%)
  • Total Housing Units: 18,888
Households
  • Average Household Size: 1.59
  • Housing Density (People per square mile): 13,818
Age Range (number of people)
  • Age 0-14: 3,521
  • Age 15-24: 1,339
  • Age 25-39: 3,490
  • Age 40-59: 11,109
  • Age 60-79: 6,389
  • Age 80+: 1,788
  • Total: 27,636

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

School Information for 98109 (Seattle)

Public Schools in Zip Code 98109 (Seattle)

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

THE CENTER SCHOOL 305 HARRISON ST SEATTLE, WA 98109 Phone: 2062529850 9th-12th
Grade Size Distribution
  • 9th: 101
  • 10th: 66
  • 11th: 64
  • 12th: 44
School Population
  • Teachers: 14
  • Students per Teacher: 19.6
  • Students: 275
  • Male/Female: 119/156
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
SECONDARY BILINGUAL ORIENTATION CENTER 411 BOSTON ST SEATTLE, WA 98109 Phone: 2062522200 6th-12th
Grade Size Distribution
  • 6th: 16
  • 7th: 39
  • 8th: 44
  • 9th: 91
  • 10th: 32
  • 11th: 7
  • 12th: 1
School Population
  • Teachers: 17
  • Students per Teacher: 13.5
  • Students: 230
  • Male/Female: 115/115
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
HAY ELEMENTARY SCHOOL 201 GARFIELD ST SEATTLE, WA 98109 Phone: 2062522100 K-5th
Grade Size Distribution
  • Knd: 96
  • 1st: 76
  • 2nd: 81
  • 3rd: 70
  • 4th: 66
  • 5th: 72
School Population
  • Teachers: 26
  • Students per Teacher: 17.7
  • Students: 461
  • Male/Female: 233/228
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
HUTCH SCHOOL 527 MINOR AV NORTH SEATTLE, WA 98109 Phone: 2062881079 PreK-12th
Grade Size Distribution
  • Knd: 6
  • 1st: 1
  • 2nd: 3
  • 3rd: 6
  • 5th: 2
  • 6th: 6
  • 7th: 4
  • 8th: 2
  • 9th: 5
  • 10th: 2
  • 11th: 1
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 38
  • Male/Female: 25/13
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 98109 (Seattle)

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

QUEEN ANNE CHRISTIAN school 1716 2nd Ave N Seattle, WA 98109 Phone: 2062845910 K-12th
Grade Size Distribution
  • Knd: 1
  • 1st: 2
  • 4th: 1
  • 5th: 1
  • 6th: 2
  • 7th: 2
  • 8th: 2
  • 9th: 2
  • 10th: 2
  • 11th: 2
  • 12th: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 17
SEATTLE COUNTRY DAY SCHOOL 2619 4th Ave N Seattle, WA 98109 Phone: 2062846220 K-8th
Grade Size Distribution
  • Knd: 32
  • 1st: 32
  • 2nd: 32
  • 3rd: 43
  • 4th: 42
  • 5th: 44
  • 6th: 23
  • 7th: 27
  • 8th: 28
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 303
SPRUCE ST SCHOOL 411 Yale Ave N Seattle, WA 98109 Phone: 2066219211 K-5th
Grade Size Distribution
  • Knd: 9
  • 1st: 14
  • 2nd: 11
  • 3rd: 12
  • 4th: 9
  • 5th: 11
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 66
EDUCATIONAL ADVANCEMENT ACAD Seattle, WA 98109 Phone: 2062842300 PreK-12th
Grade Size Distribution
  • 10th: 2
  • 12th: 4
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 6

* School data provided by US Department of Education


This property search is part of the RE/MAX Pacific Northwest website. Listing information is courtesy of the WA-NWMLS and RE/MAX Pacific Northwest. 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.
NWMLS DCMA Notice



* 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

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