5231 40th Ave NE

    Seattle, WA 98125
    • $3,150,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 1421983
    UPDATED: 89 min ago
    $3,150,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Cbre Inc.

    Description

    Built in 1990, Hawthorne Place features six two-bedroom units and a single one-bedroom unit, as well as a secured parking garage with seven spaces and four rentable storage units. Located a half mile from Seattle Childrens Hospital, less than a mile from the University of Washington, and with close proximity to major highways 520 and I-5, Hawthorne Place provides ready access to the major employers of Seattle, Bellevue, and beyond. Gas applianes & in-unit laundry. Proforma financials provided.

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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 2019-04-19T15:18:03.55.

    www.kimberlygartlandgroup.com/homes/92573672

    5231 40th Ave NE Seattle, WA 98125

    • Price: $3,150,000
    • Status: Active
    • Updated: 89 min ago
    • ID#: 1421983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1990
    Built
    Neighborhood:
    Hawthorne Hills
    County:
    King
    Area:
    N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
    School District:
    Seattle
    Property Description
    Built in 1990, Hawthorne Place features six two-bedroom units and a single one-bedroom unit, as well as a secured parking garage with seven spaces and four rentable storage units. Located a half mile from Seattle Childrens Hospital, less than a mile from the University of Washington, and with close proximity to major highways 520 and I-5, Hawthorne Place provides ready access to the major employers of Seattle, Bellevue, and beyond. Gas applianes & in-unit laundry. Proforma financials provided.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 7 Lot Dimensions 80X67x80x67 Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 7 Uncovered Spaces 0

    Interior Features

    Floor Covering Wall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 600 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 812 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 768 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 875 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 812 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 768 Unit6 Washer Dryer Y Units Below Grade Y

    Property Features

    Amenities See Remarks Bank Owned No Cap Rate 4.60 Electrical Expenses 142 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 203764 Gross Rent Multiplier 15 Gross Scheduled Income 213529 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1268 Leased Items None Net Operating Income 148029 New Construction YN No Other Expenses 18063 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 26076 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 55735 Total Expenses TEX 55735 Total Monthly Income 16980 Unit1 Monthly Rent 1575 Unit2 Monthly Rent 2100 Unit3 Monthly Rent 2100 Unit4 Monthly Rent 2100 Unit5 Monthly Rent 2100 Unit6 Monthly Rent 2100 Vacancy Rate 5 Water Sewer Garbage 10067 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 2019-04-19T15:18:03.55.

     
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    Listing Courtesy of Cbre Inc.