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MLS# 1575207
Built 1958
0.115 acres
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    Description:   Location Location - Investors/Developers attention L-3 zoned corner lot with 5 units (possible addl unit). Duralast roofing. Rents are under market value. Increase income & appeal w/small changes; remodel kitchens etc to significantly raise income. Hardwood floors, spacious rooms, carpets most units, Storage locker for each unit. Some city views units 1, 3 & 5. Close to Gates Foundation, Lake Union & City Center.Huge upside potential. New building on the left, just finished recently.


    Approx. Sq Ft: 2,928 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Baseboard, Radiator
    Floor Covering: Ceramic Tile, Hardwood, Vinyl
    Amenities: Basement, Coin Op Laundry


    Water Company: Seattle
    Sewer: Sewer Connected


    City: Seattle
    State: WA
    Zip Code: 98109
    Area: 700
    County: King
    School District: Seattle
    Latitude: 47.62981600
    Longitude: -122.34719600


    Year Built: 1958
    Roof: Flat, Torch Down
    Exterior: Brick, Wood
    Number of Units in Building: 5


    School District: Seattle
    Junior High: Buyer To Verify
    Elementary School: Buyer To Verify
    Senior High: Buyer To Verify


    Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 5,000 ft²
    Number of Stories in Building: 2


    Community Name: Queen Anne
    Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, RV Parking


    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $12,205
    Insurance Expenses: 3679
    Electrical Expenses: 293
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 22187
    Tax Year: 2019
    Gross Scheduled Income: 85800
    Vacancy Rate: 0
    Gross Adjusted Income: 0
    Total Expenses: 22187
    Net Operating Costs: 0
    Gross Rent Multiplier: 0
    Total Monthly Income: 7150

    Unit 1

    Sq Ft Unit 1: 0 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: $980

    Unit 2

    Sq Ft Unit 2: 0 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: $1,400

    Unit 3

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

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 1
    Bathrooms Unit 4: 1.00
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: Y
    Dishwasher Unit 4: N
    Washer/Dryer Unit 4: N
    Fireplaces Unit 4: 0
    Rent Unit 4: $1,300

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 2
    Bathrooms Unit 5: 1.00
    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: $1,680

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Range/Oven Unit 6: N
    Refrigerator Unit 6: N
    Dishwasher Unit 6: N
    Washer/Dryer Unit 6: N
    Fireplaces Unit 6: 0
    Rent Unit 6: None

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    Listing provided by NWMLS, courtesy of GXPlus-Realty