Posted 84 days ago

4505 Phinney Ave N, Seattle WA 98103

2,540 sqft | Multi-Family Home
Description provided by Trulia.
Description provided by Realty Trac.
Location: In addition, a short walk leads you into the heart of Fremont which is known for its great restaurants, shopping, pubs, and retail shops. Fremont has become home to many high-tech businesses located on the ship canal as well as numerous condominiums, town homes, and apartments. This location offers convenience to fantastic services as well as the employment centers of downtown Seattle, Ballard, and the University of Washington. Additionally the Phinney Ridge and Ballard neighborhoods are both easily accessible and are both vibrant, up and coming communities in the North Seattle area. The well known Red Mill Burgers as well as Starbucks coffee shop are located just up the street. The locally famous Burke-Gilman trail is just a short walk away from the front steps of the property. Improvements:… Show more This Fremont 4-Plex consists of two building structures that are situated on one tax parcel. The property to the west was built in 1909 (located at 328 N. 45th St.) and is a 610 sq. ft. 1bed/1bth cottage, while the property to the east is a two story triplex which was built in 1920. The Triplex consists of two 500 square foot 1bed/1bth units on top and a large 930 square foot 2bed/1bth unit on the ground floor. The units have hardwood floors and could easily support much higher rents than what is currently being charged. This property offers an investor the ideal opportunity to obtain 4 rental units in a great location in Seattle with potential upside in rents. * An Adjacent 2 bedroom house located at 326 N. 45th St. is also available for $279,950 and zoned L-1 (2,500 SF). Combined with 4-Plex, land totals 6,250 square feet of L-1 zoning which can be held for future development. Financing: It is recommended that the buyer obtain new financing at the best market terms and rates available.
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Home facts for 4505 Phinney Ave N

Listing Details

Status For Sale
Listing Type Resale
MLS/Source ID 29096205
Lot size 3,750 sqft
Price/sqft $234
Total views
(as of 12/15/09)
13

 

Year built 1909
Days on Trulia 84
ZIP code 98103
Neighborhood Fremont

Contact info

Brian Platt
Provided by: postlets.com
Broker:

Street view

My search results

Additional information about 4505 Phinney Ave N

This property
$595,000
Similar homes for sale
$663,150
Recently sold homes
$
4505 Phinney Avenue N, Seattle WA
4505 Phinney Ave N, Seattle WA
$595,000
      2,540 sqft
Multi-Family Home
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Average listing price is $663,150
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This home
Listing price: $595,000
 
Compared to similar homes
Avg. listing price: $663,150 -10%
Avg. sales price:  
Avg. price/sqft: $231 +1%
 
Compared to Fremont
Avg. listing price: $402,744 +48%
Avg. sales price: $515,500 +15%
Avg. price/sqft: $343 -32%
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Resource Center
This Multi-Family Home located at 4505 Phinney Ave N, Seattle WA, 98103 is currently for sale and has been listed on Trulia for 84 days. This property is listed by postlets.com for $595,000. 4505 Phinney Ave N has has approximately 2,540 square feet. The property has a lot size of 3,750 square feet and was built in 1909. 4505 Phinney Ave N is in the Fremont neighborhood in Seattle and in ZIP Code 98103. The list price of $595,000 is 48% higher than the average list price of $402,744 for Fremont real estate, 22% higher than the average list price of $487,949 for 98103 real estate, and 2% lower than the average list price of $608,655 for Seattle, WA real estate. The price for this property is 15% higher than the average sales price of $515,500 for Fremont, 32% higher than the average sales price of $452,462 for 98103, and 16% lower than the average sales price of $706,885 for Seattle. The price per square foot for this property is $234, which is 32% lower than the average of $343 for Fremont, 34% lower than the average of $356 for 98103 and 37% lower than the average of $370 for Seattle.
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