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Active
$4,100,000
/mo   Edit
MLS# 1574048
Multi-Family/Duplex
Built 1992
0.077 acres
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    Description:   Welcome to The Roy, in Seattle?s Lower Queen Anne neighborhood. This 10 unit boutique building was completely rebuilt with all new finishes and has rare off-street parking. Each unit is self-containing featuring its own washer/dryer, kitchen, with some units offering private balconies. It sits just minutes from Amazon, Google, Expedia among other large area employers plus many services and amenities. This building is fully leased & stabilized, generating over $17k/mo.

    Interior

    Approx. Sq Ft: 3,569 ft²
    Energy Source: Electric
    Heating and Cooling: Ductless HP-Mini Split

    Utilities

    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98119
    Area: 700
    County: King
    School District: Seattle
    Latitude: 47.62564400
    Longitude: -122.36138800

    Building

    Year Built: 1992
    Roof: Composition
    Exterior: Cement Planked
    Number of Units in Building: 0

    School

    School District: Seattle

    Lot

    View: Mountain, Territorial
    Lot Details: Alley, Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 3,360 ft²
    Number of Stories in Building: 3

    Site

    Community Name: Queen Anne
    Site Features: Deck, Fenced-Partially

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $13,776
    Insurance Expenses: 3600
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 10145
    Total Expenses: 38501
    Tax Year: 2019
    Gross Scheduled Income: 212400
    Vacancy Rate: 2
    Gross Adjusted Income: 208152
    Total Expenses: 38501
    Net Operating Costs: 169651
    Gross Rent Multiplier: 19
    Total Monthly Income: 17346

    Unit 1

    Description Unit 1: B1
    Sq Ft Unit 1: 357 ft²
    Bedrooms Unit 1: 1
    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: $1,595

    Unit 2

    Description Unit 2: B2
    Sq Ft Unit 2: 465 ft²
    Bedrooms Unit 2: 1
    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: $1,895

    Unit 3

    Description Unit 3: 101
    Sq Ft Unit 3: 600 ft²
    Bedrooms Unit 3: 2
    Bathrooms Unit 3: 1.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Washer/Dryer Unit 3: Y
    Fireplaces Unit 3: 0
    Rent Unit 3: $2,395

    Unit 4

    Description Unit 4: 102
    Sq Ft Unit 4: 383 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 1.00
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: Y
    Dishwasher Unit 4: Y
    Washer/Dryer Unit 4: Y
    Fireplaces Unit 4: 0
    Rent Unit 4: $1,895

    Unit 5

    Description Unit 5: 201
    Sq Ft Unit 5: 246 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 1.00
    Range/Oven Unit 5: Y
    Refrigerator Unit 5: Y
    Fireplaces Unit 5: 0
    Rent Unit 5: $1,495

    Unit 6

    Description Unit 6: 202
    Sq Ft Unit 6: 251 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 1.00
    Refrigerator Unit 6: Y
    Washer/Dryer Unit 6: Y
    Fireplaces Unit 6: 0
    Rent Unit 6: $1,295

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    Listing provided by NWMLS, courtesy of Real Property Associates