5219 22nd Avenue NE, Seattle, WA 98105
- $1,850,000
- 3,685
- SqFt
Listing courtesy of Capstone Commercial.
- List Price
- $1,850,000
- Status
- ACTIVE
- MLS#
- 1844988
- Days on Market
- 279
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,685
- Area Total SqFt
- 3685
- Lot Size (sq ft)
- 5,050
Property Description
Capstone Commercial is proud to present this craftsman style Fourplex, located within three blocks of the University of Washington. Building is well maintained, making it simple to operate or manage with pride of ownership. Built in 1914, this 4 unit has Two 4 bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio with updated bathroom and kitchen. In all, there are 11 bedrooms and 6 bathrooms. Building produces $10,750 of monthly income! What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. There is a coin operated common laundry, owned by the property, adding additional income. Tenants pay for gas and electricity. Water, Sewer and Garbage are included in their rent.
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Additional Information
- List Date
- 2021-09-24 22:17:10
- Community
- University District
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1914
- Roof
- Composition
- Site Features
- Deck, Gas Available, High Speed Internet, Patio
- Heating/Cooling Type
- Forced Air, Insert
- Other Expenses
- 12024
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $10,750
- Gross Scheduled Income
- $129,850
- Tax Year
- 2021
- Insurance Expense
- $1,842
- W/S/G Expenses
- $8,885
- Total Expenses
- $37,154
- Net Operating Income
- $92,696
- Gross Rent Multiplier
- 14
- Cap Rate
- 5.01
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