Property profile

4120 Burke Ave N Seattle, WA 98103

FOR SALE
Apartment buildings
Property ID
US90-1348627
Built 1919
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For Sale
$2,050,000
4120 Burke Ave N, Seattle, WA 98103
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Property summary

AI-generated overview

Rare opportunity to purchase this historic 9 unit in the heart of Wallingford. The Burke House is located in a quiet residential setting, surrounded by classic homes and close to everything Wallingford has to offer. The Burke House was originally a single family mansion used as a sorority for the UW in the 1930s and 1940s. Converted to 9 unit apartment building it 1960s. The property boasts classic finishes and charm throughout the mix of 7 studios, one 1 bedroom and one 2 bedroom unit. Great views from the upper 2 floors and potential to combine units for owner occupied use while still maintaining 5 rental units. Laundry room onsite and additional building storage or potential to expand 2 bedroom unit. New roof in 2019 and new siding and windows in 2015. Mechanicals could be upgrade

Property profile

Verified
Property type Apartment buildings
Year built 1919
UPID US90-1348627

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4120 Burke Ave N Seattle, WA 98103
Seattle metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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