2315 W Lynn St

    Seattle, WA 98199
    • $1,800,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 1437129
    UPDATED: 61 min ago
    $1,800,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,382
      SQFT
    • $411
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    7-unit (including one non-conforming unit) building located in the Magnolia neighborhood of Seattle. First time on the market in 20+ years. Building offers secured access entry, private decks or patios, quick access to the downtown CBD and SLU neighborhoods and covered on-site parking. Select units have views of Elliott Bay. This is an excellent reposition opportunity.

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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 2019-04-21T11:13:52.213.

    www.kimberlygartlandgroup.com/homes/93540534

    2315 W Lynn St Seattle, WA 98199

    • Price: $1,800,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 1437129
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,382
    SQFT
    $411
    $/SQFT
    1970
    Built
    Neighborhood:
    Magnolia
    County:
    King
    Area:
    Queen Anne/Magnolia
    School District:
    Seattle
    Property Description
    7-unit (including one non-conforming unit) building located in the Magnolia neighborhood of Seattle. First time on the market in 20+ years. Building offers secured access entry, private decks or patios, quick access to the downtown CBD and SLU neighborhoods and covered on-site parking. Select units have views of Elliott Bay. This is an excellent reposition opportunity.
    Exterior Features

    Carport Spaces 3 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Roof Flat Stories In Building 3 Style 55 - 5-Plex Total Parking Spaces 7 Uncovered Spaces 4

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 500 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 647 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 647 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 647 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 647 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 647 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 4.90 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 125338 Gross Rent Multiplier 13 Gross Scheduled Income 130560 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1905 Leased Items None Net Operating Income 88077 New Construction YN No Other Expenses 12702 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 13957 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 37261 Total Expenses TEX 37261 Total Monthly Income 10880 Unit1 Monthly Rent 1150 Unit2 Monthly Rent 1450 Unit3 Monthly Rent 1450 Unit4 Monthly Rent 1450 Unit5 Monthly Rent 1450 Unit6 Monthly Rent 1450 Vacancy Rate 4 Water Sewer Garbage 8697 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 2019-04-21T11:13:52.213.

     
    Kimberly Gartland Group - Keller Williams Realty
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    Gig Harbor WA, 98335
    Listing Courtesy of Paragon Real Estate Advisors.