For more information on this listing, please contact...
Branding Photo
James Malsch
206-650-3406
Email
  • Listing #:
    • 2068352
  • Price:
    • $1,250,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • Duplex
  • # of Units:
    • 8
  • # of Acres:
    • 0.04
  • Year Built:
    • 2020
  • Comm/Assn:
    • Queen Anne
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98119
  • Right of 1st Refusal:
    • No
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Description
If You’ve Been Looking For A Comprehensive Addition To Your Investment Portfolio, Look No Further! Located On The Northside Of Queen Anne Just Two Blocks From The Seattle Pacific University Campus, These Standalone Rooming Houses Offer Limitless Potential To Generate Rental Income. Built In 2020 And Certified 4-star Built Green With Contemporary Finishes, Full Appliance Packages, Plus Conveniences Like Ductless Mini-splits Providing High-efficiency Heat & A/c, Each Home Offers 8 Rentable Bedrooms, 2 Bathrooms, Spacious Common Areas Plus In-unit Laundry. With Easy Access To Ballard, Fremont, &downtown, Plus Miles Of Bike Paths Along The Burke-gilman Via The Ship Canal Trail. Fully Leased, Please Do Not Disturb Tenants Or Access Property.
Property Features
  • Cap Rate:
    • - 4.65
  • Cooling Y/N:
    • - Yes
  • Exterior Features:
    • - Cement Planked
    • - Wood
  • :
    • - Territorial
  • Foundation Details:
    • - Poured Concrete
    • - Slab
  • Green Building Verification Type:
    • - Built Green™
  • Gross Scheduled Income:
    • - $75,000.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $4,800.00
  • Leasable Area:
    • - 2,070.00 Square Feet
  • Lot Features:
    • - Paved
  • Net Operating Income:
    • - $58,180.00
  • Environmental Certification:
    • - Built Green™
  • Green Verification Built Green Rating:
    • - 4-Star
  • Gross Adjusted Income:
    • - 73500
  • Gross Rent Multiplier:
    • - 16.67
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 1
  • Power Company:
    • - Seattle City Light
  • Sewer Company:
    • - Seattle Public Utilities
  • Site Features:
    • - Cable TV
    • - Gas Available
    • - High Speed Internet
  • Style Code:
    • - 52 - Duplex
  • Total Expenses:
    • - 15320
  • Total Monthly Income:
    • - 6250
  • Units Below Grade:
    • - false
  • Vacancy Rate:
    • - 2
  • Water Company:
    • - Seattle Public Utilities
  • Zoning Class:
    • - Multi-Family
  • Open Parking Spaces:
    • - 1
  • Open Parking Y/N:
    • - Yes
  • Other Expense:
    • - 1500
  • Parcel Number:
    • - 7443001365
  • Possible Use:
    • - Multi-Family
  • Property Condition:
    • - Very Good
  • Stories Total:
    • - 3
  • Structure Type:
    • - Duplex
  • Annual Tax Amount:
    • - $9,020.00
  • Tax Year:
    • - 2023
  • View Y/N:
    • - Yes
  • Water Source:
    • - Public
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For more information on this listing, please contact...
Branding Photo
James Malsch
206-650-3406
Email

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