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    23 Valley Street

    Seattle, WA 98109
    • $4,300,000
    • STATUS: Sold
    • ON SITE: 110 days
    • ID#: 1687771
    Sold - 02/23/2021
    $4,300,000
    SOLD - 02/23/2021
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Lee & Associates Commercial Re.

    Description

    Vali Loa consists of 13 units on the South Slope of Queen Anne. The unit mix consists of 1 & 2bedroom units. This three-story asset sits on a sizable 7,670 square foot, LR3 (M) site 1 block off Queen Anne Ave & Roy Street. Initial feasibility indicates the ability to add a unit (buyer to verify).First time to market in over 22 yrs, this asset appeals to multiple investment strategies, offering rental upside from capturing loss to lease, value-add scenarios, add'l unit & covered land play.

    Listing by Daniel Lim. Sold by Lee & Associates Commercial Re.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-03-03T09:14:08.37.

    www.vipteamwa.com/homes/111832738
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    23 Valley Street Seattle, WA 98109

    • Price: $4,300,000
    • Status: Sold
    • Updated: 31 min ago
    • ID#: 1687771
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1955
    Built
    Neighborhood:
    Queen Anne
    County:
    King
    Area:
    Queen Anne/Magnolia
    School District:
    Seattle
    Property Description
    Vali Loa consists of 13 units on the South Slope of Queen Anne. The unit mix consists of 1 & 2bedroom units. This three-story asset sits on a sizable 7,670 square foot, LR3 (M) site 1 block off Queen Anne Ave & Roy Street. Initial feasibility indicates the ability to add a unit (buyer to verify).First time to market in over 22 yrs, this asset appeals to multiple investment strategies, offering rental upside from capturing loss to lease, value-add scenarios, add'l unit & covered land play.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Lot Features Corner LotPavedSidewalk Open Parking Spaces 9 Open Parking YN Yes Parking Total 9 Parking Uncovered Spaces 9 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring HardwoodCarpet Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 233496 Insurance Expense 4550 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFha Net Operating Income 148513 New Construction YN No Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 37207 Tax Year 2020 Total Expenses 73308 Units In Building Total 13 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 14300

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-03-03T09:14:08.37.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1687771-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1687771-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1687771-1.jpg
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    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Lee & Associates Commercial Re.