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Listing provided by NWMLS, courtesy of Berkshire Hathaway HS NW

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Active
$1,600,000
/mo   Edit
MLS# 1550879
Multi-Family/Duplex
Built 1916
0.069 acres
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    Description:   Apartment in Columbia City only 100 feet off of Rainier Ave on Adams Street. 7 units for tenants and 1 unit for manager with a total of 8 utility meters. Property is zoned LR3 allowing for a multi-level apartment building with a new construction plan. No sign on property. Please do not disturb tenants.

    Interior

    Approx. Sq Ft: 4,500 ft²
    Energy Source: Electric
    Heating and Cooling: Baseboard
    Floor Covering: Vinyl, Wall to Wall Carpet

    Utilities

    Water Company: Seattle Public Utilites
    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98118
    Area: 380
    County: King
    School District: Seattle
    Latitude: 47.56542400
    Longitude: -122.28939400

    Building

    Year Built: 1916
    Roof: Composition
    Exterior: Stucco
    Number of Units in Building: 8

    School

    School District: Seattle

    Lot

    View: City
    Lot Details: Corner Lot, Paved Street
    Lot Sq Ft: 3,000 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Columbia City

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $4,396
    Insurance Expenses: 466
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 1116
    Tax Year: 2019
    Gross Scheduled Income: 8300
    Vacancy Rate: 0
    Gross Adjusted Income: 8300
    Total Expenses: 1116
    Net Operating Costs: 6818
    Gross Rent Multiplier: 181
    Total Monthly Income: 8800

    Unit 1

    Description Unit 1: A
    Sq Ft Unit 1: 370 ft²
    Bedrooms Unit 1: 1
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: N
    Washer/Dryer Unit 1: N
    Fireplaces Unit 1: 0
    Rent Unit 1: $650

    Unit 2

    Description Unit 2: B
    Sq Ft Unit 2: 370 ft²
    Bedrooms Unit 2: 1
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Dishwasher Unit 2: N
    Washer/Dryer Unit 2: N
    Fireplaces Unit 2: 0
    Rent Unit 2: $800

    Unit 3

    Description Unit 3: C
    Sq Ft Unit 3: 716 ft²
    Bedrooms Unit 3: 4
    Bathrooms Unit 3: 2.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Dishwasher Unit 3: N
    Washer/Dryer Unit 3: N
    Fireplaces Unit 3: 0
    Rent Unit 3: $1,850

    Unit 4

    Description Unit 4: D
    Sq Ft Unit 4: 535 ft²
    Bedrooms Unit 4: 1
    Bathrooms Unit 4: 1.00
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: N
    Dishwasher Unit 4: N
    Washer/Dryer Unit 4: N
    Fireplaces Unit 4: 0
    Rent Unit 4: $950

    Unit 5

    Description Unit 5: E
    Sq Ft Unit 5: 716 ft²
    Bedrooms Unit 5: 3
    Bathrooms Unit 5: 2.00
    Range/Oven Unit 5: Y
    Refrigerator Unit 5: Y
    Dishwasher Unit 5: N
    Washer/Dryer Unit 5: N
    Fireplaces Unit 5: 0
    Rent Unit 5: $1,000

    Unit 6

    Description Unit 6: F
    Sq Ft Unit 6: 716 ft²
    Bedrooms Unit 6: 2
    Bathrooms Unit 6: 1.00
    Range/Oven Unit 6: Y
    Refrigerator Unit 6: Y
    Dishwasher Unit 6: N
    Washer/Dryer Unit 6: N
    Fireplaces Unit 6: 0
    Rent Unit 6: $1,200

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    Listing provided by NWMLS, courtesy of Berkshire Hathaway HS NW