702-710 North 41st Street
702-710 North 41st Street
Seattle, WA 98103
$3,795,000
Price
20
Beds
11
Baths
8,350 Sq. Ft.
$454 / Sq. Ft.
8,350
Sq. Ft.
$454
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors
Description
First time on the market in 45 years! Conveniently located on North 41st Street and Fremont Avenue. The RCA is comprised of 2 buildings on 2 tax parcels and consists of 10 – 2BD units and 1 large studio. The buildings are situated above the street, buffering out any potential noise from traffic. Units are spacious with dining areas off the kitchens, gleaming hardwood floors and large windows allowing for an abundance of natural lighting. Many units have had updates to the kitchens, and bathrooms...First time on the market in 45 years! Conveniently located on North 41st Street and Fremont Avenue. The RCA is comprised of 2 buildings on 2 tax parcels and consists of 10 – 2BD units and 1 large studio. The buildings are situated above the street, buffering out any potential noise from traffic. Units are spacious with dining areas off the kitchens, gleaming hardwood floors and large windows allowing for an abundance of natural lighting. Many units have had updates to the kitchens, and bathrooms and 8 kitchens offer new gas ranges. Building boasts territorial views, mature landscaping with a courtyard area, and 10 parking stalls. The large 10,813 SF lot is zoned LR2(M) providing the opportunity for potential future development.
- Listed by Cathy Jeney • Paragon Real Estate Advisors
Property Details for 702-710 North 41st Street
Community Name
Fremont
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces10
Total Covered Parking0
Entry Date05-07-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Paragon Real Estate Advisors![]()
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LISTING UPDATED: 05/14/2024 12:17 PM
Property Details for 702-710 North 41st Street
| Status | Active |
|---|---|
| MLS # | 2233698 |
| Days on Market | 13 |
| Cumulative Days on Market | 6 |
| Taxes | $32,914 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1950 |
| Lot Size | 0.25 AC / 10,813 SF |
| County | King County |
Location
Listing Courtesy of Paragon Real Estate Advisors![]()
Add your commute
Building Information for 702-710 North 41st Street
Stories2Residences11Year Built1950Building Size-Lot Size0.25 AC / 10,813 SF
Payment Calculator
$23,454 per month
30 year fixed, 7.25% Interest
Principal and Interest
$20,711
Property Taxes
$2,743
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 702-710 North 41st Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 705 - Ballard/Greenlake
- Directions: From I5 N take exit 169 toward NE 50th St. Merge onto 7th Ave NE. Left on NE 50th. Keep Right to stay on N 50th. Left on Fremont Ave N. Left on N 41st. Property is on the left.
- Leased Items: Water Tank
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
- Additional Tax Ids: 1931301250
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 10.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Hardwood, Carpet
- Features: Hardwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Brick, Wood Products
- Roof: Composition, Flat
Property
Utilities
- Water/Sewer/Garbage: 15656
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 14
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 1931301245
- Calculated Square Footage: 8350
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 8350.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 10
- Number of Stories in Building: 2
- Vacancy Rate: 3
- Number Of Units Total: 11
- Units Below Grade: false
- Units In Building Total: 11
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 74557
- Gross Adjusted Income: 271212
- Gross Rent Multiplier: 13.57
- Gross Scheduled Income: $279,600
- Insurance Expense: $7,987
- Net Operating Income: $196,655
- Other Expenses: $18,000
- Total Monthly Income: 23300
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 500
- Rent Unit 1: $1,400.00
- Bedrooms Unit 1: 0
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 785
- Rent Unit 2: $1,800.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 785
- Rent Unit 3: $1,750.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 785
- Rent Unit 4: $2,450.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 785
- Rent Unit 5: $2,600.00
- Bedrooms Unit 5: 2
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 785
- Rent Unit 6: $2,000.00
- Bedrooms Unit 6: 2
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 785
- Rent Unit 7: $2,400.00
- Bedrooms Unit 7: 2
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: false
- Square Feet Unit 8: 785
- Rent Unit 8: $1,800.00
- Bedrooms Unit 8: 2
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 9
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: false
- Square Feet Unit 9: 785
- Rent Unit 9: $2,400.00
- Bedrooms Unit 9: 2
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 10
- Washer/Dryer Unit 10: true
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: false
- Square Feet Unit 10: 785
- Rent Unit 10: $2,600.00
- Bedrooms Unit 10: 2
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 11
- Washer/Dryer Unit 11: false
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: false
- Square Feet Unit 11: 785
- Rent Unit 11: $1,845.00
- Bedrooms Unit 11: 2
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 8350.0
- Leasable Area Units: Square Feet
Property History for 702-710 North 41st Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 702-710 North 41st Street
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
B F Day Elementary School PublicPK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Cascade Parent Partnership Program PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Paragon Real Estate Advisors
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.