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2600 2626 Thorndyke Ave W
Multi-Family
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$6,225,000

$358/sqft

2600 2626 Thorndyke Ave W, Seattle

Great $/sqft
35 bd·31 ba·17,406 sqft
Built 195434,260 sqft lotMagnolia

2600 2626 Thorndyke Ave W, Seattle, WA

35 bd · 31 ba · 17,406 sqft Multi-Family listed at $6,225,000, built in 1954 in the Magnolia neighborhood.

About this home

The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

Property details

Price
$6,225,000
Bedrooms
35
Bathrooms
31
Interior
17,406 sqft
Price / sqft
$358
Year built
1954
Lot size
34,260 sqft
Type
Multi-Family
Days on market
58
Est. property tax
$57,892/yr · $4,824/mo · 0.93% WA avg

Estimated monthly payment

Down payment20% ($1,245,000)
Interest rate6.75%
Principal & Interest$32,300
Property Tax$5,706
Insurance$150
Total$38,156/mo

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Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Home Intelligence

Neighborhood (zip 98119)

This neighborhood is highly educated (42% hold a bachelor's degree). Median age is 34.1; 40% of homes are owner-occupied; median household income is $112,865.

Median income
$112,865
Median age
34.1
Owner-occupied
40.3%
Bachelor's degree
42.4%
Census median home value
$953,100

Source: US Census Bureau American Community Survey 5-year estimates.

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