2265 12th Avenue W, Seattle, WA 98119

$1,910,000
3,960
SqFt

Listing courtesy of RE/MAX Metro Realty, Inc.. Selling Office: Keller Williams Greater Sea.

Sold Price
$1,910,000
List Price
$1,999,995
Status
SOLD
MLS#
1076013
Closing Date
Apr 20, 2017
Days on Market
13
Style
54 - 4-Plex
Finished SqFt
3,960
Area Total SqFt
3960
Annual Tax Ammount
12168
Lot Size (sq ft)
6,000
Sewer
Sewer Connected
Offer Review Date
2017-03-06

Property Description

Big View QA 4plex w/ 2 story Owners Penthouse, Development Potential, 2 Airbnb Units! ALL NEW: Roof, Paint, Plumbing, Electrical, Sewer. Every Unit has Sound Views, New Kitchens & Baths, Hardwoods, W/D & Storage. Units 3&4 have soapstone counters, ss app, marble floors. 6 OS spots inc 2 car garage. Bsmt storage. 6,000 sq ft LR1 zoned, street2street lot. Prelim feasibility for 2 Rowhomes/shortplat. Blocks to Expedia HQ, Future Lightrail & min to SLU! Perfect for Owner Occ, Cashflow or Developers!

Additional Information

List Date
2017-04-07 00:00:00
Community
Queen Anne
Net Operating Income
$110,656
Gross Adjusted Income
$151,421
Gross Scheduled Income
$154,512
Total Monthly Income
$12,834
Insurance Expenses
$7,597
Water/Sewer/Garbage Expenses
$4,200
Gross Rent Multiplier
13
Total Expenses
$40,765
Cap Rate
5.5
Vacancy Rate
2
Total Number of Units
4
Unit Name
2265
Potential Terms
Cash Out, Conventional
Year Built
1929
View
Bay, Mountain(s), See Remarks, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Outbuildings, Patio, RV Parking, Shop
Electric Expenses
300
Other Expenses
15000
School District
Seattle
Total Monthly Income
$12,834
Gross Scheduled Income
$154,512
Vacancy Rate
2
Gross Adjusted Income
$151,421
Tax Year
2016
Insurance Expense
$7,597
W/S/G Expenses
$4,200
Total Expenses
$40,765
Net Operating Income
$110,656
Gross Rent Multiplier
13
Cap Rate
5.5
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