5246 Brooklyn Ave NE, Seattle, WA 98105

$5,680,000

Listing courtesy of Wonderland Real Estate.

List Price
$5,680,000
Status
ACTIVE
MLS#
1736705
Days on Market
65
Style
56 - 10+ Units
Building Condition
['Very Good']
Lot Size (sq ft)
4,000

Property Description

Show-stopping investment opportunity with 12 modern units presents a rare chance to own a well-maintained and centrally-located investment that’s worthy of any property portfolio. Built in 2015, you’ll enjoy the peace of mind of a newer building along with stable rents. A prized location in the highly desirable University District that attracts a wide range of eager tenants. Designed for easy-care living and contemporary comfort, the properties showcase modern fixtures and must-have features along with generous and light-filled living spaces that invite residents to kick back and relax. The building offers a Walk Score of 98 and a Transit Score of 78 with a 15-minute walk to the Future U-District Light Rail.

Additional Information

List Date
2021-03-03 00:00:00
Community
University District
Property Type
MULT
Units
12
Stories
4
Potential Terms
Conventional
Year Built
2015
Exterior
See Remarks
Roof
Flat
Site Features
Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Sprinkler System
Lot Details
Alley, Curbs, Paved Street, Sidewalk
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$24,600
Gross Scheduled Income
$295,200
Gross Adjusted Income
$295,200
Annual Taxes
$10,364
Tax Year
2021
Insurance Expense
$2,280
W/S/G Expenses
$12,342
Total Expenses
$66,598
Net Operating Income
$228,602
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
553
Unit 1 Rent
$1,800
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
555
Unit 2 Rent
$1,800
Unit 3 Beds
3
Unit 3 Baths
1.00
Unit 3 Size
739
Unit 3 Rent
$2,480
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
603
Unit 4 Rent
$1,800
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
585
Unit 5 Rent
$1,910
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
577
Unit 6 Rent
$1,875
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.

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