4746 19th Ave NE, Seattle, WA 98105

$4,150,000
7,130
SqFt

Listing courtesy of Home Realty.

List Price
$4,150,000
Status
ACTIVE
MLS#
1710116
Days on Market
82
Style
56 - 10+ Units
Building Condition
['Good']
Finished SqFt
7,130
Lot Size (sq ft)
4,582

Property Description

Location, Location, Location. Rare find, street to street lot. 22 Studio units in the building on desirable block in University District. Excellent condition. Just steps from UW campus. Each unit has its own private bathroom and fridge. Each floor has a large shared kitchen (3). Each unit has its own electrical meter updated in 2015. Updates include New roof, carpet in halls, countertops, and tile in kitchen. Newer carpet in units, refrigerators , interior paint, stoves. Income and expenses are pro forma numbers. 3 units rented currently. As-is. Seller financing is available .

Additional Information

List Date
2020-12-16 00:00:00
Community
University District
Property Type
MULT
Units
22
Stories
3
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
1985
Total Parking
2
Exterior
Metal/Vinyl
Roof
Composition
School District
Seattle
Total Monthly Income
$18,200
Gross Scheduled Income
$218,400
Vacancy Rate
5
Gross Adjusted Income
$207,400
Annual Taxes
$16,579
Tax Year
2021
Insurance Expense
$6,600
W/S/G Expenses
$15,000
Total Expenses
$43,000
Net Operating Income
$164,400
Gross Rent Multiplier
19
Cap Rate
3

Room Dimensions

Unit 1 Baths
1.00
Unit 1 Size
220
Unit 1 Rent
$825
Unit 2 Baths
1.00
Unit 2 Rent
$825
Unit 3 Baths
1.00
Unit 3 Rent
$825
Unit 4 Baths
1.00
Unit 4 Rent
$825
Unit 5 Baths
1.00
Unit 5 Rent
$825
Unit 6 Baths
1.00
Unit 6 Rent
$825
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