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Listed by: John D. Jochim, South Lake Associates Inc., 206-452-2001, Listing Courtesy of NWMLS
$2,200,000
●
Multifamily -
In Contract
4120 Burke Avenue N
Seattle, WA 98103
Studio
0 Bath
$12,426
Estimated Monthly
-0.21%
Cap Rate
About This Property
Rare opportunity to purchase this historic 9 unit in the heart of
Wallingford. The Burke is located in a quiet residential setting,
surrounded by classic homes and close to everything Wallingford has
to offer. The Burke was originally a single family mansion used as
a sorority for the UW in the 1930s & 1940s, converted to 9 unit
apartment building it 1960s. The property boasts classic finishes &
charm throughout the mix of 6 studios, two 1 bedrooms & one 2
bedroom unit. Great views from the upper 2 floors & potential
to combine units for owner occupied use while still maintaining 5
rental units. Laundry room onsite & additional building storage or
potential to expand the 2 bedroom unit. Potential for 3 additional
lots in back of property.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,623
HOA Dues
-
Year Built
1919
Listed By
Last updated: 2 months ago (NWMLS #NWM2201272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Relisted | $2,200,000 | |
| Relisted | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by South Lake Associates Inc. | $2,200,000 | |
| Listed by South Lake Associates Inc. | |||
| Jul 18, 2007 | Sold to Cheryl Markestad, Jon Marke... | $1,138,000 | |
| Sold to Cheryl Markestad, Jon Marke... | |||
Property Highlights
Interior Details
Interior Information
Interior Features: Fir/Softwood, Hardwood, Wall to Wall Carpet
Flooring Type: Softwood, Hardwood, Vinyl, Vinyl Plank, Carpet
Exterior Details
Property Information
Square Footage Source: Realist
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi-Family
Property Condition: Good
Year Built: 1919
Year Built Effective: 1985
Energy Source: Electric, Natural Gas
Building Information
Structure Type: Multi Family
Building Area Total: 5332
Building Area Units: Square Feet
Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
Roof: Composition
Exterior Information
Exterior Features: Wood Products
Lot Information
Lot Size Source: Realist
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Acres: 0.2169
Lot Size Square Feet: 9450
Elevation Units: Feet
Financial Details
Tax Year: 2023
Tax Annual Amount: $19,481
Utilities Details
Water Company: SPU
Power Company: SCL & PSE
Sewer Company: SPU
Heating: Yes
Sewer : Available
Location Details
Directions: 4120 Burke Ave. N. Seattle, WA 98103 - Use Google Maps
Other Details
Selling Agency Compensation: 2.25
On Market Date: 2024-02-20
4120 Burke Avenue N
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
3
Baths
-
$2,610,000
Mar 7, 2024
$2,610,000
Mar 27, 2024
$1,156/mo
House
5
Beds
5
Baths
-
$2,617,000
Feb 15, 2024
$2,617,000
Mar 18, 2024
-
Condo
4
Beds
4
Baths
-
$1,910,000
Jan 17, 2024
$1,910,000
Jan 17, 2024
$67/mo
House
4
Beds
3
Baths
-
$1,895,000
Jun 3, 2020
$1,895,000
Jul 10, 2020
$1,150/mo
House
5
Beds
4
Baths
-
$2,425,000
Nov 16, 2023
$2,425,000
Jan 2, 2024
$1,604/mo
House
4
Beds
5
Baths
-
$2,050,000
Sep 21, 2018
$2,050,000
Oct 29, 2018
$1,454/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Lake Union
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Nearby Rentals
Listed by: John D. Jochim
Listed Office: South Lake Associates Inc. - Listing courtesy of NWMLS
Phone: 206-452-2001
Last Updated: 2024-04-20 06:03:49
Data Source: NWMLS, MLS# NWM2201272
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: South Lake Associates Inc. - Listing courtesy of NWMLS
Phone: 206-452-2001
Last Updated: 2024-04-20 06:03:49
Data Source: NWMLS, MLS# NWM2201272
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). 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, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
