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Listing provided by NWMLS, courtesy of John L. Scott Mill Creek

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Active
$1,390,000
/mo   Edit
MLS# 1562849
Multi-Family/Duplex
Built 1963
0.15 acres
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    Description:   Terrific multi-family location with excellent freeway access. Currently existing triplex zoned L-2 with long term residents. Tenants have a month-to-month agreement with rents below market price. Potential to build up to 5 units on land per zoning requirements. Buyer to independently verify all development potential.

    Interior

    Approx. Sq Ft: 2,910 ft²
    Energy Source: Electric
    Heating and Cooling: Baseboard
    Floor Covering: Vinyl, Wall to Wall Carpet
    Amenities: Fire Sprinklers, Thermal Windows

    Utilities

    Water Company: City of Seattle
    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98133
    Area: 705
    County: King
    School District: Seattle
    Latitude: 47.70620900
    Longitude: -122.34161700

    Building

    Year Built: 1963
    Roof: Torch Down
    Exterior: Brick, Cement Planked
    Number of Units in Building: 3

    School

    School District: Seattle
    Junior High: Robert Eagle Staff M
    Elementary School: Viewlands
    Senior High: Ingraham High

    Lot

    View: No
    Lot Details: Alley, Paved Street
    Lot Sq Ft: 6,513 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Northgate

    Rent

    Terms: See Remarks

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $4,883
    Insurance Expenses: 1560
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 19110
    Tax Year: 2019
    Gross Scheduled Income: 44400
    Vacancy Rate: 0
    Gross Adjusted Income: 25290
    Total Expenses: 19110
    Net Operating Costs: 25290
    Gross Rent Multiplier: 31
    Total Monthly Income: 3700

    Unit 1

    Description Unit 1: 1
    Sq Ft Unit 1: 970 ft²
    Bedrooms Unit 1: 2
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: Y
    Washer/Dryer Unit 1: Y
    Fireplaces Unit 1: 0
    Rent Unit 1: $1,100

    Unit 2

    Description Unit 2: 2
    Sq Ft Unit 2: 970 ft²
    Bedrooms Unit 2: 2
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Dishwasher Unit 2: Y
    Washer/Dryer Unit 2: Y
    Fireplaces Unit 2: 0
    Rent Unit 2: $1,300

    Unit 3

    Description Unit 3: 3
    Sq Ft Unit 3: 970 ft²
    Bedrooms Unit 3: 2
    Bathrooms Unit 3: 1.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Dishwasher Unit 3: Y
    Washer/Dryer Unit 3: Y
    Fireplaces Unit 3: 0
    Rent Unit 3: $1,300

    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 John L. Scott Mill Creek