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.
/https://u.realgeeks.media/johnmanning/REMAX_ON_MARKET_LOGO.jpg){kind=logo}
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
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.