1541 NW 52nd Street

    Seattle, WA 98107
    • $2,000,000
    • STATUS: Active
    • ON SITE: 254 days
    • ID#: 1344459
    UPDATED: 60 min ago
    $2,000,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Whitecap Real Estate.

    Description

    Well-maintained apartment building consisting of 5 identical, 840 sf units. 5 parking spots (3 covered plus room to double park); common area laundry approx. 500 sf; private patio area. Value-add possibilities - condo conversion or 6th unit? Rents below market, as units have been rented on the assumption units are 707 sf each.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T19:16:21.087.

    www.kimberlygartlandgroup.com/homes/86474911

    1541 NW 52nd Street Seattle, WA 98107

    • Price: $2,000,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 1344459
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1976
    Built
    Neighborhood:
    Ballard
    County:
    King
    Area:
    Ballard/Greenlake
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Seattle
    Property Description
    Well-maintained apartment building consisting of 5 identical, 840 sf units. 5 parking spots (3 covered plus room to double park); common area laundry approx. 500 sf; private patio area. Value-add possibilities - condo conversion or 6th unit? Rents below market, as units have been rented on the assumption units are 707 sf each.
    Exterior Features

    Carport Spaces 3 Exterior Stucco Garage Spaces 0 Roof Torch Down Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 5 Uncovered Spaces 2

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 840 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 840 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 840 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 840 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 840 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Coin Op LaundrySee Remarks Bank Owned No Cap Rate 3.89 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 110144 Gross Rent Multiplier 18 Gross Scheduled Income 113551 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1500 Leased Items None Net Operating Income 77900 New Construction YN No Other Expenses 7072 Possession Closing Power Company Seattle City Light Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Seattle Public Utilities Tax Amount 13044 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 32245 Total Expenses TEX 32245 Total Monthly Income 9463 Unit1 Monthly Rent 1550 Unit2 Monthly Rent 1700 Unit3 Monthly Rent 1850 Unit4 Monthly Rent 1600 Unit5 Monthly Rent 1700 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company Seattle Public Utilities Water Sewer Garbage 10628 Water Source Community Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-22T19:16:21.087.

     
    Kimberly Gartland Group - Keller Williams Realty
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    Listing Courtesy of Whitecap Real Estate.