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Listing provided by NWMLS, courtesy of Prime Realty

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Active
$850,000
/mo   Edit
MLS# 1527268
Multi-Family/Duplex
Built 1927
0.191 acres
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    Description:   This Brick Tudor multifamily building oozes 1920s charm. Standing stately on a PRIME 8, 324sf LR3 lot, blocks to Columbia City & Hillman City strips, Seward Park & Link light rail, this fixer w/ solid bones, straight lines & loads of potential has 6 bds & 4 bas. Zoning allows for easy conversion to triplex or quad. Three additional 1, 400+sf DUs have been permitted behind the existing structure & are ready to break ground. Plans attached. If she must go, 8-10 DUs fit here nicely. Parking flexible.

    Interior

    Approx. Sq Ft: 3,190 ft²
    Energy Source: Electric, Oil, See Remarks
    Heating and Cooling: Forced Air
    Floor Covering: Hardwood, Slate, Vinyl
    Amenities: Basement, Thermal Windows

    Utilities

    Water Company: Seattle
    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98118
    Area: 380
    County: King
    School District: Seattle
    Latitude: 47.54686500
    Longitude: -122.27616200

    Building

    Year Built: 1927
    Roof: Composition
    Exterior: Brick, Metal/Vinyl, Wood
    Number of Units in Building: 2

    School

    School District: Seattle
    Junior High: Aki Kurose
    Elementary School: Graham Hill
    Senior High: Rainier Beach High

    Lot

    View: City
    Lot Details: Curbs, Paved Street, Sidewalk, Value In Land
    Lot Sq Ft: 8,324 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Columbia City
    Site Features: Fenced-Fully, Outbuildings, Patio

    Rent

    Terms: Cash Out, Conventional, FHA, Rehab Loan

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $5,680
    Insurance Expenses: 2000
    Electrical Expenses: 2400
    Heating Expenses: 1200
    Other Expenses: 0
    Total Expenses: 13680
    Tax Year: 2019
    Gross Scheduled Income: 57600
    Vacancy Rate: 5
    Gross Adjusted Income: 54720
    Total Expenses: 13680
    Net Operating Costs: 41040
    Gross Rent Multiplier: 15
    Total Monthly Income: 4800

    Unit 1

    Sq Ft Unit 1: 2,160 ft²
    Bedrooms Unit 1: 4
    Bathrooms Unit 1: 3.00
    Range/Oven Unit 1: N
    Refrigerator Unit 1: N
    Dishwasher Unit 1: N
    Washer/Dryer Unit 1: N
    Fireplaces Unit 1: 0
    Rent Unit 1: $3,200

    Unit 2

    Sq Ft Unit 2: 1,000 ft²
    Bedrooms Unit 2: 2
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: N
    Refrigerator Unit 2: N
    Dishwasher Unit 2: N
    Washer/Dryer Unit 2: N
    Fireplaces Unit 2: 0
    Rent Unit 2: $1,600

    Unit 3

    Sq Ft Unit 3: 0 ft²
    Bedrooms Unit 3: 0
    Bathrooms Unit 3: 0.00
    Fireplaces Unit 3: 0
    Rent Unit 3: None

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 0.00
    Fireplaces Unit 4: 0
    Rent Unit 4: None

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 0.00
    Fireplaces Unit 5: 0
    Rent Unit 5: None

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

    Mortgage Calculator

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    Listing provided by NWMLS, courtesy of Prime Realty