For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email
  • Listing #:
    • 1307346
  • Price:
    • $3,495,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 11
  • # of Acres:
    • 0.17
  • Lot Sq.Ft.:
    • 7,200
  • Year Built:
    • 1957
  • School Dist:
    • Seattle
  • Address:
    • 1410 E Howell St
  • Community:
    • Capitol Hill
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98122
  • Terms:
    • Cash Out, Conventional, Rehab Loan
QR Code

Description
A 1957 Construction Building That Is Walking Distance To Broadway Retail, 15th Ave Retail And The Capitol Hill Transit Station. The Building, Heavy On 2-bd Units, Is A Prime Candidate For Repositioning With Significant Upside. Building Provides A Unique Opportunity For Future Redevelopment With The Luxury Of Sitting On A 7,200 Sf Lr3 Lot. Has Recently Been Upgraded To Double Pane Vinyl Windows, New Roof, Runs On A Central Boiler Heating System And Offers Residents Onsite Coin Operated Laundry.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $995.00
    • Square Feet Unit 1:
      • - 450.00
    • Bathrooms Unit 1:
      • - 0.00
  • Unit 2
    • Rent Unit 2:
      • - $995.00
    • Square Feet Unit 2:
      • - 450.00
    • Bathrooms Unit 2:
      • - 0.00
  • Unit 3
    • Rent Unit 3:
      • - $1,275.00
    • Square Feet Unit 3:
      • - 590.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
  • Unit 4
    • Rent Unit 4:
      • - $1,275.00
    • Square Feet Unit 4:
      • - 590.00
    • Bedrooms Unit 4:
      • - 1
    • Bathrooms Unit 4:
      • - 1.00
  • Unit 5
    • Rent Unit 5:
      • - $1,710.00
    • Square Feet Unit 5:
      • - 696.00
    • Bedrooms Unit 5:
      • - 2
    • Bathrooms Unit 5:
      • - 1.00
  • Unit 6
    • Rent Unit 6:
      • - $1,710.00
    • Square Feet Unit 6:
      • - 696.00
    • Bedrooms Unit 6:
      • - 2
    • Bathrooms Unit 6:
      • - 1.00
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - No
    • Amenities:
      • - Coin Op Laundry
    • Building Condition:
      • - Good
    • Heating And Cooling:
      • - Baseboard
      • - Radiant
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $22,930.00
    • Tax Year:
      • - 2018
  • Finance Details
    • Gross Rent Multiplier:
      • - 17
    • Vacancy Rate:
      • - 3
    • Cap Rate - Noi Div Lp:
      • - 3.73
  • Income
    • Gross Adjusted Income:
      • - $196,017.00
    • Gross Scheduled Income:
      • - $202,080.00
    • Net Operating Income:
      • - $130,505.00
    • Total Monthly Income:
      • - $16,840.00
  • Expenses
    • Insurance Expenses:
      • - $3,500.00
    • Water / Sewer / Garbage:
      • - $12,114.00
    • Other Expenses:
      • - $26,968.00
    • Total Expenses:
      • - $65,512.00
    • Total Expenses:
      • - $65,512.00
  • Waterfront and Views
    • View Details:
      • - City
  • Construction Details
    • Exterior:
      • - Wood
    • Roof:
      • - Flat
  • Parking
    • Total # Of Parking:
      • - 6
    • # Of Uncovered Spaces:
      • - 6
  • Utilities
    • Energy Source:
      • - Electric
      • - Natural Gas
Nearby Listings
0.24 Mi.

1014 E Denny Wy

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 3,040 ft²
0.49 Mi.

617 15th Ave E

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 2,190 ft²
0.49 Mi.

516 E Denny Way

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 2,380 ft²
For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email

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