2701 S Walden Street, Seattle, WA 98144
- $2,350,000
- 5,625
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $2,350,000
- Status
- ACTIVE
- MLS#
- 2562531
- Days on Market
- 0
- Style
- 56 - 10+ Units
- Finished SqFt
- 5,625
- Area Total SqFt
- 5625
- Annual Tax Ammount
- 20485
- Lot Size (sq ft)
- 7,651
- Sewer
- Sewer Connected
Property Description
Built in 1967 and renovated in 2019/2020, the Quaker Court is a 10-unit apartment building located in the Mt. Baker neighborhood. This convenient, urban location is just blocks from Mt. Baker Station, several recreational parks, restaurants, and schools. The systems throughout the building that have been updated include the following: washer/dryer, quartz counters, LVP flooring, stainless appliances, new decks, freshy painted exterior and common areas with new carpet. This is a value-add opportunity from a management perspective, as all the heavy lifting has been completed; just need to raise the income.
Additional Information
- List Date
- 2026-07-30 20:14:12
- Community
- Columbia City
- Net Operating Income
- $144,230
- Gross Adjusted Income
- $204,470
- Gross Scheduled Income
- $215,232
- Total Monthly Income
- $17,936
- Insurance Expenses
- $3,500
- Water/Sewer/Garbage Expenses
- $12,032
- Gross Rent Multiplier
- 10.92
- Total Expenses
- $60,240
- Cap Rate
- 6.14
- Vacancy Rate
- 5
- Total Number of Units
- 10
- Unit Name
- 2701
- Potential Terms
- Cash
- Year Built
- 1966
- Roof
- Flat
- Site Features
- Deck, Patio
- Other Expenses
- 24223
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $17,936
- Gross Scheduled Income
- $215,232
- Vacancy Rate
- 5
- Gross Adjusted Income
- $204,470
- Tax Year
- 2026
- Insurance Expense
- $3,500
- W/S/G Expenses
- $12,032
- Total Expenses
- $60,240
- Net Operating Income
- $144,230
- Gross Rent Multiplier
- 10.92
- Cap Rate
- 6.14
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.