For more information on this listing, please contact...
Horizon Real Estate
206-417-2800
Email
  • Listing #:
    • 1374291
  • Price:
    • $4,500,000
  • Status:
    • Pending
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 15
  • # of Acres:
    • 0.15
  • Lot Sq.Ft.:
    • 6,400
  • Year Built:
    • 1926
  • School Dist:
    • Seattle
  • Address:
    • 303 16th Ave E
  • Community:
    • Capitol Hill
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98112
  • Terms:
    • Owner Financing
  • Right of 1st Refusal:
    • No
QR Code

Description
The Charming Kenton, Built In 1926 And Comprised Of 15 Spacious 1 And 2 Bedroom Units , Is Perfectly Situated Along A Residential Street One Block East Of The Trendy 15th Avenue- Home To A Collection Of Quaint Boutiques, Grocery Stores, Restaurants, Coffee Shops- And Just Across The Street From Kaiser Permanente Hospital. Three Blocks Northwest Along 14th Avenue Is The Historic ?millionaire?s Row? With Pristine, Tree-lined Streets And Gorgeous Million Dollar Homes.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $1,535.00
    • Square Feet Unit 1:
      • - 575.00
    • Bedrooms Unit 1:
      • - 1
    • Bathrooms Unit 1:
      • - 1.00
    • Description Unit 1:
      • - 306
  • Unit 2
    • Rent Unit 2:
      • - $1,300.00
    • Square Feet Unit 2:
      • - 575.00
    • Bedrooms Unit 2:
      • - 1
    • Bathrooms Unit 2:
      • - 1.00
    • Description Unit 2:
      • - 305
  • Unit 3
    • Rent Unit 3:
      • - $1,310.00
    • Square Feet Unit 3:
      • - 575.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
    • Description Unit 3:
      • - 304
  • Unit 4
    • Rent Unit 4:
      • - $1,265.00
    • Square Feet Unit 4:
      • - 575.00
    • Bedrooms Unit 4:
      • - 1
    • Bathrooms Unit 4:
      • - 1.00
    • Description Unit 4:
      • - 303
  • Unit 5
    • Rent Unit 5:
      • - $1,495.00
    • Square Feet Unit 5:
      • - 575.00
    • Bedrooms Unit 5:
      • - 1
    • Bathrooms Unit 5:
      • - 1.00
    • Description Unit 5:
      • - 302
  • Unit 6
    • Rent Unit 6:
      • - $2,095.00
    • Square Feet Unit 6:
      • - 725.00
    • Bedrooms Unit 6:
      • - 2
    • Bathrooms Unit 6:
      • - 1.00
    • Description Unit 6:
      • - 301
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - No
    • Amenities:
      • - Coin Op Laundry
    • Heating And Cooling:
      • - Baseboard
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $40,536.00
    • Tax Year:
      • - 2018
  • Finance Details
    • Gross Rent Multiplier:
      • - 17
    • Vacancy Rate:
      • - 4
    • Cap Rate - Noi Div Lp:
      • - 3.40
  • Income
    • Gross Adjusted Income:
      • - $265,478.00
    • Gross Scheduled Income:
      • - $276,540.00
    • Net Operating Income:
      • - $152,795.00
    • Total Monthly Income:
      • - $23,045.00
  • Expenses
    • Insurance Expenses:
      • - $8,698.00
    • Water / Sewer / Garbage:
      • - $28,726.00
    • Other Expenses:
      • - $34,724.00
    • Total Expenses:
      • - $112,684.00
    • Total Expenses:
      • - $112,684.00
  • Construction Details
    • Exterior:
      • - Brick
      • - Wood Products
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Flat
  • Lot Details
    • Features:
      • - Alley
      • - Corner Lot
      • - Sidewalk
  • Parking
    • Total # Of Parking:
      • - 11
    • # Of Uncovered Spaces:
      • - 6
    • # Of Garage Spaces:
      • - 5
  • Utilities
    • Energy Source:
      • - Electric
      • - Natural Gas
  • Zoning
    • General Zoning Classification:
      • - Multi-family
Nearby Listings
0.46 Mi.

722 11th Ave E

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 4,500 ft²
1.03 Mi.

346 16 Ave

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 3,100 ft²
1.14 Mi.

1825 Broadway E

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 2,720 ft²
For more information on this listing, please contact...
Horizon Real Estate
206-417-2800
Email

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