508-512 E Republican St

    Seattle, WA 98102
    • $1,700,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 1410958
    UPDATED: 41 min ago
    $1,700,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,750
      SQFT
    • $453
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    Charming duplex and 4 Bd / 1.5 Bth single-family house exceptionally located in highly desirable Capitol Hill. Duplex consists of 2 large " 2 Bd / 1 Bth units. Fully rented! Blocks from shops, restaurants, etc. on Broadway. Walking distance to light rail! 3,600 SF lot zoned mid-rise. Potential to build 7 stories, apartments, condos, congregate micro housing, or townhouses. Collect rent while awaiting entitlements or simply land bank for future development.

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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 2019-04-22T16:16:36.18.

    www.kimberlygartlandgroup.com/homes/91825132

    508-512 E Republican St Seattle, WA 98102

    • Price: $1,700,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 1410958
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,750
    SQFT
    $453
    $/SQFT
    1906
    Built
    Neighborhood:
    Capitol Hill
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    School District:
    Seattle
    Property Description
    Charming duplex and 4 Bd / 1.5 Bth single-family house exceptionally located in highly desirable Capitol Hill. Duplex consists of 2 large " 2 Bd / 1 Bth units. Fully rented! Blocks from shops, restaurants, etc. on Broadway. Walking distance to light rail! 3,600 SF lot zoned mid-rise. Potential to build 7 stories, apartments, condos, congregate micro housing, or townhouses. Collect rent while awaiting entitlements or simply land bank for future development.
    Exterior Features

    Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotPaved StreetSidewalkValue In Land Roof Composition Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 2 Uncovered Spaces 2 View CityLakeMountain

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.50 Unit1 Bedrooms 4 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1520 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1115 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1115 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 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 4.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 93120 Gross Rent Multiplier 17 Gross Scheduled Income 96000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2040 Leased Items None Net Operating Income 76199 New Construction YN No Other Expenses 2000 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 12881 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 16921 Total Expenses TEX 16921 Total Monthly Income 8000 Unit1 Monthly Rent 4000 Unit2 Monthly Rent 2000 Unit3 Monthly Rent 2000 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 0 Water Source Public 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 2019-04-22T16:16:36.18.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Paragon Real Estate Advisors.