11541 Greenwood Avenue N, Seattle, WA 98133
- $5,400,000
- 25,914
- SqFt
Listing courtesy of Windermere R.E. Wall St. Inc.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $5,400,000
- List Price
- $5,150,000
- Status
- SOLD
- MLS#
- 1081138
- Closing Date
- May 17, 2017
- Days on Market
- 20
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 25,914
- Area Total SqFt
- 25914
- Annual Tax Ammount
- 39023
- Lot Size (sq ft)
- 19,424
- Sewer
- Sewer Connected
- Offer Review Date
- 2017-03-09
Property Description
1st time on the market since it was built in 1967! Property consists of 25 units featuring 1 studio, 15 1Bd/1Bth & 9 2Bd/Bth units. Spacious units w/ large living rooms, separate dining room, private deck/patio & wood burning fireplace in 6 of the units. Secured access lobby, elevator, individual storage lockers in basement, 3 laundry rooms w/ coin-op W/D, 23+ parking spaces & peek-a-boo view of the Olympic Mountains & Puget Sound. Well-maintained building & excellent rent upside for new owner
/u.realgeeks.media/rbosold/ben_kinney.jpg)
Additional Information
- List Date
- 2017-04-27 00:00:00
- Community
- Greenwood
- Net Operating Income
- $210,452
- Gross Adjusted Income
- $368,464
- Gross Scheduled Income
- $379,860
- Total Monthly Income
- $31,655
- Insurance Expenses
- $10,152
- Water/Sewer/Garbage Expenses
- $37,175
- Gross Rent Multiplier
- 13
- Total Expenses
- $158,012
- Cap Rate
- 4.1
- Vacancy Rate
- 3
- Total Number of Units
- 25
- Unit Name
- 11541
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1967
- View
- Mountain(s), Sound, Territorial
- Roof
- Flat, Torch Down
- Site Features
- Deck, Fenced-Partially, Gas Available, Gated Entry, Patio
- Other Expenses
- 71662
- School District
- Seattle
- Elementary School
- Broadview-Thomson
- Middle School
- Whitman Mid
- High School
- Ingraham High
- Total Monthly Income
- $31,655
- Gross Scheduled Income
- $379,860
- Vacancy Rate
- 3
- Gross Adjusted Income
- $368,464
- Tax Year
- 2017
- Insurance Expense
- $10,152
- W/S/G Expenses
- $37,175
- Total Expenses
- $158,012
- Net Operating Income
- $210,452
- Gross Rent Multiplier
- 13
- Cap Rate
- 4.1
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .