For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email
  • Listing #:
    • 1215007
  • Price:
    • $2,650,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • Tri-plex
  • # of Units:
    • 3
  • # of Acres:
    • 0.11
  • Lot Sq.Ft.:
    • 4,900
  • Year Built:
    • 1916
  • School Dist:
    • Seattle
  • Address:
    • 3002 Harvard Ave E
  • Community:
    • Portage Bay
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98102
  • Terms:
    • Cash Out, Conventional, See Remarks
  • Right of 1st Refusal:
    • No
QR Code

Description
Investor Opportunity W/ Turn-key 5% Cap Rate In Premier Eastlake / Portage Bay Neighborhood! Here?s Your Chance To Net $130k+ Annually With The Ease Of Managing 3-units. Meticulously Maintained With New Plumbing And Electrical In 2009 Remodel And Triple-pane Windows Block I-5 Noise. Garage Plus Plenty Street Parking W/out Restrictions & Potential Upzone For Development. Close To Uw, Slu And Plethora Of Tenant Options - Students And Tech Employees. 100% Occupancy Since Acquired. See Marketing Pkg
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $7,275.00
    • Square Feet Unit 1:
      • - 3,514.00
    • Bedrooms Unit 1:
      • - 7
    • Bathrooms Unit 1:
      • - 4.10
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Dishwasher Unit 1:
      • - Yes
    • Fireplaces Unit 1:
      • - 1
    • Washer/dryer Unit 1:
      • - Yes
    • Description Unit 1:
      • - Upper
  • Unit 2
    • Rent Unit 2:
      • - $1,450.00
    • Square Feet Unit 2:
      • - 320.00
    • Bedrooms Unit 2:
      • - 1
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Dishwasher Unit 2:
      • - No
    • Description Unit 2:
      • - Lower
  • Unit 3
    • Rent Unit 3:
      • - $4,050.00
    • Square Feet Unit 3:
      • - 1,600.00
    • Bedrooms Unit 3:
      • - 5
    • Bathrooms Unit 3:
      • - 2.00
    • Refrigerator Unit 3:
      • - No
    • Range/oven Unit 3:
      • - Yes
    • Dishwasher Unit 3:
      • - Yes
    • Description Unit 3:
      • - Main
  • Unit 4
    • Bathrooms Unit 4:
      • - 0.00
  • Unit 5
    • Bathrooms Unit 5:
      • - 0.00
  • Unit 6
    • Bathrooms Unit 6:
      • - 0.00
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - Yes
    • Amenities:
      • - Coin Op Laundry
      • - See Remarks
    • Building Condition:
      • - Very Good
    • Floor Covering:
      • - Hardwood
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Wall
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $10,706.00
    • Tax Year:
      • - 2017
  • Finance Details
    • Gross Rent Multiplier:
      • - 20
    • Cap Rate - Noi Div Lp:
      • - 5.00
  • Income
    • Gross Adjusted Income:
      • - $156,300.00
    • Gross Scheduled Income:
      • - $156,300.00
    • Net Operating Income:
      • - $132,953.00
    • Total Monthly Income:
      • - $13,025.00
  • Expenses
    • Electrical Expenses:
      • - $3,718.00
    • Heating Expenses:
      • - $3,717.00
    • Insurance Expenses:
      • - $1,488.00
    • Water / Sewer / Garbage:
      • - $3,718.00
    • Total Expenses:
      • - $23,347.00
    • Total Expenses:
      • - $23,347.00
  • Schools
    • Elementary:
      • - Montlake
    • Jr. High:
      • - Wash Mid
    • Sr. High:
      • - Garfield High
  • Waterfront and Views
    • View Details:
      • - Bay
      • - Canal
      • - Mountain
      • - Territorial
  • Construction Details
    • Construction Methods:
      • - Standard Frame
    • Exterior:
      • - Stucco
      • - Wood
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Composition
  • Lot Details
    • Features:
      • - Corner Lot
      • - Curbs
      • - Paved Street
      • - Sidewalk
    • Site Features:
      • - Deck
      • - Fenced-partially
      • - High Speed Internet
      • - Patio
  • Parking
    • Total # Of Parking:
      • - 2
    • # Of Uncovered Spaces:
      • - 1
    • # Of Garage Spaces:
      • - 1
  • Utilities
    • Energy Source:
      • - Electric
  • Zoning
    • General Zoning Classification:
      • - Multi-family
      • - Residential
Nearby Listings
0.77 Mi.

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  • 0.00 Bathrooms
  • 3,937 ft²
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  • 0.00 Bathrooms
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  • 0.00 Bathrooms
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For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email

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