1923-1925 N 50th St

    Seattle, WA 98103
    • $2,750,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 1437913
    UPDATED: 17 min ago
    $2,750,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,680
      SQFT
    • $747
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    The North 50th Apartments is a two-building property with 4 units and one non-conforming unit. Located in a charming Wallingford neighborhood, this site is a corner lot with development potential of 10,000 SF zoned LR1. The unit mix consists of two- 1 bed 1 bath, and three- 2 bed 1 bath units.

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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 2019-04-25T14:17:57.687.

    www.kimberlygartlandgroup.com/homes/93578016

    1923-1925 N 50th St Seattle, WA 98103

    • Price: $2,750,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 1437913
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,680
    SQFT
    $747
    $/SQFT
    1936
    Built
    Neighborhood:
    Wallingford
    County:
    King
    Area:
    Ballard/Greenlake
    School District:
    Seattle
    Property Description
    The North 50th Apartments is a two-building property with 4 units and one non-conforming unit. Located in a charming Wallingford neighborhood, this site is a corner lot with development potential of 10,000 SF zoned LR1. The unit mix consists of two- 1 bed 1 bath, and three- 2 bed 1 bath units.
    Exterior Features

    Carport Spaces 0 Exterior Brick Garage Spaces 0 Lot Details Corner LotCurbs Roof Torch Down Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 5 Uncovered Spaces 5

    Interior Features

    Heating And Cooling BaseboardRadiant Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Sq Ft 700 Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Sq Ft 850 Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Sq Ft 950 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Sq Ft 590 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Fireplaces 0 Unit5 Sq Ft 590 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 2.38 Electrical Expenses 649 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 97908 Gross Rent Multiplier 28 Gross Scheduled Income 97908 Heating Expenses 2357 Hers Index 0 Home Owner Dues 0 Insurance Expenses 977 Leased Items None Net Operating Income 65420 New Construction YN No Other Expenses 8465 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 12198 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 32488 Total Expenses TEX 32488 Total Monthly Income 8159 Unit1 Monthly Rent 1650 Unit2 Monthly Rent 1835 Unit3 Monthly Rent 1950 Unit4 Monthly Rent 1350 Unit5 Monthly Rent 1274 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 7842 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 2019-04-25T14:17:57.687.

     
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