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.

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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