5219 22nd Ave NE, Seattle, WA 98105

$1,950,000
3,685
SqFt

Listing courtesy of Capstone Commercial.

List Price
$1,950,000
Status
ACTIVE
MLS#
1669432
Days on Market
165
Style
54 - 4-Plex
Finished SqFt
3,685
Lot Size (sq ft)
5,050

Property Description

Capstone Commercial is proud to preset this 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
Property Type
MULT
Units
4
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1914
Exterior
Wood
Roof
Composition
School District
Seattle
Total Monthly Income
$11,390
Gross Scheduled Income
$136,680
Annual Taxes
$14,028
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

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
750
Unit 1 Rent
$1,950
Unit 2 Baths
1.00
Unit 2 Size
400
Unit 2 Rent
$1,250
Unit 3 Beds
4
Unit 3 Baths
2.00
Unit 3 Size
1200
Unit 3 Rent
$3,850
Unit 4 Beds
4
Unit 4 Baths
2.00
Unit 4 Size
1200
Unit 4 Rent
$4,100
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