Water Views
Listed By:
Kidder Mathews and NWMLS
Address
2037 Boylston Avenue E, Seattle, WA
Price
$ 5,100,000
Property Attributes
  • ID#1997935
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaCentral Seattle
  • NeighborhoodEastlake
  • Zip98102
  • Style10+ Units
  • Year Built1929
  • Taxes$ 36697
  • Price$ 5,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9626
  • Lot Size9,627 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Aldora Apartments is a handsome 15-Unit brick veneer apartment building, beaming with timeless character, and ideally located in one of Seattle’s most sought-after neighborhoods. It features 15 large one-bedroom apartment units with amazing territorial views of Lake Union and Seattle. Aldora offers investors a tremendous opportunity to increase income by over 40% after light cosmetic unit updates, and capitalize on further upside by adding a 16th unit to the daylight basement and adding two large townhomes to alley-accessed parking lot. Aldora has been meticulously maintained and updated by the long-term owner, and is now available on the market for the first time in over 35 years. Don’t miss your chance to own this trophy asset.

Price History
9/19/2022 Listed $5,100,000

General Features

Amenities Basement, Coin Op Laundry
Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions Driving N on Eastlake Ave N, take right on E Boston St. Right on Boylston Ave E.
Electric Expense 5559
Energy Efficient High Efficiency - 90%+
Exterior Features Brick, Wood
Finance Cash Out, Conventional
Fuel Expense 5559
High School District Seattle
Insurance Expense 9963
Interior Features High Efficiency - 90%+, Hardwood, Wall to Wall Carpet
Leasable Area 9626
Lot Size Square Feet 9626
MLS Area 390 - Central Seattle
Net Operating Income 169370
New Construction No
Open Parking Spaces 7
Possession Closing
Possible Use Multi-Family
Property Condition Very Good
Property Style 56 - 10+ Units
Property SubType Multi-Family
Property Type Residential Income
Roof Torch Down
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Boylston
Structure Type Multi Family
Subdivision Name Eastlake
Tax Annual Amount 36697
Tax Year 2022
Total Units 2
Units Below Grade false
Units In Building Total 15
Utilities Sewer Connected, Electricity Available
View City, Lake, Mountain(s)
View Y/N Yes
Water Company SPU
Water Sewer Garbage 5559
Waterfront Y/N No
Year Built 1929
Zoning Class Multi-Family

Interior Features

Fireplace Y/N No
Flooring Hardwood, Carpet
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 4

Exterior Features

Building Area Total 9626
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.221
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 7
Total Parking 7
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98102

Price
AVG $3.92M
$5.1M
Taxes
AVG $25,710
$36,697
Visits
AVG 36
10
Year Built
AVG 1940
1929
Walkscore
AVG 87
88
Data Provided by Walkscore ® not using MLS data

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