Presented by: Windermere RE Greenwood and NWMLS
Property Description
Crown Hill Multi-Family property (former law office) zoned NC1-55(M)! Hold as a leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Near Greenwood's growing urban village. Can also owner-occupy as work-live. Surrounding density is growing with new NR zoning. Current rents total $4,500. Don't miss your opportunity to own this fantastic investment opportunity and own a landmark property in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with advance request and verification of funding. Plan for 16 Unit apartments and ground level commercial.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringHardwood, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2
General
AmenitiesBasement
Building Area Units0 sqft
Building NameBORZONES 2ND ADD PLAT BLOCK
Cap Rate4.8
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS is accurate: From I-5 take the 85th Street Exit heading West. Continue past Aurora Ave N. Property is East of Chuck's Hop Shop before 8th Ave NW.
Electric Expense0
Elementary SchoolLoyal Heights
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air, Wall Furnace
High SchoolIngraham High
High School DistrictSeattle
Insurance Expense1800
Leasable Area3,096 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet4,700 sqft
Lot Size UnitsSquare Feet
MLS Area705 - Ballard/Greenlake
Middle/Junior High SchoolWhitman Mid
NWM_ShowMapLinkY
Net Operating Income3521
New ConstructionNo
Number Of Units Total2
PossessionClosing, Negotiable
Possible UseSee Remarks
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksCrown Hill Multi-Family property (former law office) zoned NC1-55(M)! Hold as a leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, med
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameCrown Hill
Tax Annual Amount$10,670
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanySeattle PUD
Water Sewer Garbage0
Year Built1918
Zoning DescriptionSee Remarks
Exterior
Building Area Total3,096 sqft
Covered Spaces0
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Dimensions94X50
Lot FeaturesCurbs, Paved, Sidewalk
Lot Number14
Lot Size Acres0.1079
Parking Uncovered Total3
Site FeaturesFenced-Partially, Patio
Total Parking3
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Loyal Heights Elementary School
High School
Ingraham High
Middle School
Whitman Mid