2529 Yale Avenue E, Seattle, WA 98102
- $2,600,000
- 3,894
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.
- Sold Price
- $2,600,000
- List Price
- $2,700,000
- Status
- SOLD
- MLS#
- 1112708
- Closing Date
- Jun 14, 2017
- Days on Market
- 16
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,894
- Area Total SqFt
- 3894
- Annual Tax Ammount
- 14421
- Lot Size (sq ft)
- 4,778
- Sewer
- Sewer Connected
Property Description
Meticulously maintained 6-unit apartment building in the Eastlake neighborhood. Mix of one and two bedroom units with balconies and western views of Lake Union and downtown Seattle. First time on the market in 20+ years. Building offers vaulted ceilings, common laundry room, vinyl windows, tenant storage, secured access entry and off-street parking. Potential to add units with the LR2 Urban Village zoning with no parking requirement. (Buyer to verify)
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Additional Information
- List Date
- 2017-05-29 00:00:00
- Community
- Eastlake
- Net Operating Income
- $93,836
- Gross Adjusted Income
- $123,966
- Gross Scheduled Income
- $127,800
- Total Monthly Income
- $10,650
- Insurance Expenses
- $2,292
- Water/Sewer/Garbage Expenses
- $7,117
- Gross Rent Multiplier
- 21
- Total Expenses
- $30,130
- Cap Rate
- 3.5
- Vacancy Rate
- 3
- Total Number of Units
- 6
- Unit Name
- 2529
- Potential Terms
- Cash Out
- Year Built
- 1969
- Roof
- Flat
- Other Expenses
- 6300
- School District
- Seattle
- Total Monthly Income
- $10,650
- Gross Scheduled Income
- $127,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $123,966
- Tax Year
- 2017
- Insurance Expense
- $2,292
- W/S/G Expenses
- $7,117
- Total Expenses
- $30,130
- Net Operating Income
- $93,836
- Gross Rent Multiplier
- 21
- Cap Rate
- 3.5
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