2325 10th Ave E

    Seattle, WA 98102
    • $6,450,000
    • STATUS: Pending
    • ON SITE: 168 days
    • ID#: 1419831
    Under Contract
    UPDATED: 169 min ago
    $6,450,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,700
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    This is a classic 1929 brick building in an excellent North Capitol Hill location. Building offers 20 well maintained units with renovation potential as units have not recently been updated. There is a clear value add opportunity if someone wanted to update the units to today's standards. The building offers garage parking with space for 6, a common laundry area and an updated electrical system.

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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 2019-08-22T00:15:47.25.

    www.kimberlygartlandgroup.com/homes/92421416

    2325 10th Ave E Seattle, WA 98102

    • Price: $6,450,000
    • Status: Pending
    • Updated: 169 min ago
    • ID#: 1419831
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    13,700
    SQFT
    $471
    $/SQFT
    1929
    Built
    Neighborhood:
    North Capitol Hill
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    School District:
    Seattle
    Property Description
    This is a classic 1929 brick building in an excellent North Capitol Hill location. Building offers 20 well maintained units with renovation potential as units have not recently been updated. There is a clear value add opportunity if someone wanted to update the units to today's standards. The building offers garage parking with space for 6, a common laundry area and an updated electrical system.
    Exterior Features

    Carport Spaces 0 Exterior Brick Foundation Poured Concrete Garage Spaces 6 Roof Flat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 6 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 880 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 650 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 850 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 650 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 650 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 650 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 3.97 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Industrial-LightMulti-Family Gross Adjusted Income 372655 Gross Rent Multiplier 16 Gross Scheduled Income 384180 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5581 Leased Items None Net Operating Income 255911 New Construction YN No Other Expenses 29038 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 58036 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 116744 Total Expenses TEX 116744 Total Monthly Income 32015 Unit1 Monthly Rent 1195 Unit2 Monthly Rent 1750 Unit3 Monthly Rent 1700 Unit4 Monthly Rent 1295 Unit5 Monthly Rent 1385 Unit6 Monthly Rent 1325 Vacancy Rate 3 Water Sewer Garbage 24089 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 2019-08-22T00:15:47.25.

     
    Kimberly Gartland Group - Keller Williams Realty
    3212 50th St Ct Suite 200
    Gig Harbor WA, 98335
    Listing Courtesy of Paragon Real Estate Advisors.