5008 17th Avenue NE, Seattle, WA 98105

$1,690,000
3,340
SqFt

Listing courtesy of Care Realty.

List Price
$1,690,000
Status
ACTIVE
MLS#
1851260
Days on Market
74
Style
52 - Duplex
Building Condition
Average
Finished SqFt
3,340
Area Total SqFt
3340
Lot Size (sq ft)
4,320

Property Description

Investor Alert! CAP RATE 7.7 This Classic Victorian has been home to countless UW students. Seven bedrooms, large living, dining, and kitchen area make a perfect place to call home. Whether the use is student housing or your residence, this property has a unique charm and is in the heart of the University District. Off-street parking for four vehicles via the alley driveway and garage makes for easy access. Investors and homeowners alike will find this home truly a must-see opportunity.

Additional Information

List Date
2021-09-14 17:23:49
Community
University District
Potential Terms
Cash Out, Conventional
Year Built
1925
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
Heating/Cooling Type
Forced Air
Electric Expenses
1200
Energy Source
Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,600
Gross Scheduled Income
$115,200
Vacancy Rate
1
Gross Adjusted Income
$130,200
Tax Year
2021
Insurance Expense
$800
W/S/G Expenses
$1,200
Total Expenses
$15,600
Net Operating Income
$114,600
Gross Rent Multiplier
15
Cap Rate
7
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