5219 22nd Ave NE

    Seattle, WA 98105
    • $1,940,000
    • STATUS: Active
    • ON SITE: 179 days
    • ID#: 1377396
    UPDATED: 24 min ago
    $1,940,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,685
      SQFT
    • $526
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Whitecap Real Estate.

    Description

    This three story, craftsman style 4-plex, presents investors an opportunity to experience cashflow & 5% returns on in-place rents while tapping into the U-Districts coveted captive renter base. The 4 large turn-key units, feature crown molding, box-beam ceilings, brick fireplaces & hardwood floors. Units received updated countertops, cabinetry, fixtures, plumbing & electrical. UW campus & University Village shopping are within blocks. A rare find in the current market.

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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 2019-04-22T08:13:28.263.

    www.kimberlygartlandgroup.com/homes/88802153

    5219 22nd Ave NE Seattle, WA 98105

    • Price: $1,940,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 1377396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,685
    SQFT
    $526
    $/SQFT
    1914
    Built
    Neighborhood:
    University District
    County:
    King
    Area:
    N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
    School District:
    Seattle
    Property Description
    This three story, craftsman style 4-plex, presents investors an opportunity to experience cashflow & 5% returns on in-place rents while tapping into the U-Districts coveted captive renter base. The 4 large turn-key units, feature crown molding, box-beam ceilings, brick fireplaces & hardwood floors. Units received updated countertops, cabinetry, fixtures, plumbing & electrical. UW campus & University Village shopping are within blocks. A rare find in the current market.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior WoodWood Products Garage Spaces 0 Roof Composition Stories In Building 3 Style 54 - 4-Plex Total Parking Spaces 0 Uncovered Spaces 0 View MountainTerritorial

    Interior Features

    Floor Covering HardwoodWall to Wall Carpet Heating And Cooling BaseboardForced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator N Unit1 Sq Ft 750 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 400 Unit2 Washer Dryer N Unit3 Bathrooms 2.00 Unit3 Bedrooms 4 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1200 Unit3 Washer Dryer N Unit4 Bathrooms 2.00 Unit4 Bedrooms 4 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1335 Unit4 Washer Dryer N 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 Y

    Property Features

    Bank Owned No Cap Rate 5.00 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided Gross Adjusted Income 119808 Gross Rent Multiplier 16 Gross Scheduled Income 124800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1735 Leased Items None Net Operating Income 98175 New Construction YN No Other Expenses 1000 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 13276 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 21833 Total Expenses TEX 21833 Total Monthly Income 10400 Unit1 Monthly Rent 1850 Unit2 Monthly Rent 1050 Unit3 Monthly Rent 3700 Unit4 Monthly Rent 3700 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 4 Water Sewer Garbage 5622 Water Source Community

    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 2019-04-22T08:13:28.263.

     
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    Listing Courtesy of Whitecap Real Estate.