5219 22nd Avenue NE, Seattle, WA 98105
- $1,950,000
Listing courtesy of Capstone Commercial.
- List Price
- $1,950,000
- Status
- ACTIVE
- MLS#
- 1669432
- Days on Market
- 265
- Style
- 54 - 4-Plex
- Area Total SqFt
- 3685
- Lot Size (sq ft)
- 5,050
Property Description
Craftsman style fourplex, located within 3 blocks of the University of Washington. This building produces $11,390 of monthly income! Its hard to find properties in the city of Seattle that produce returns like this on initial investment. What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. Rent for these 4 bedrooms bring in $4100 and $4000 a month alone.
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Additional Information
- List Date
- 2020-09-24 00:00:00
- Community
- University District
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1914
- Roof
- Composition
- School District
- Seattle
- Total Monthly Income
- $11,390
- Gross Scheduled Income
- $136,680
- Tax Year
- 2020
- Insurance Expense
- $1,802
- W/S/G Expenses
- $6,771
- Total Expenses
- $32,243
- Net Operating Income
- $104,437
- Gross Rent Multiplier
- 14
- Cap Rate
- 5
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