815 15th Avenue E, Seattle, WA 98112

$1,799,000
4,065
SqFt

Listing courtesy of Urban Commercial Partners, LLC. Selling Office: ZNonMember-Office-MLS.

Sold Price
$1,799,000
List Price
$1,799,000
Status
SOLD
MLS#
1179935
Closing Date
Oct 30, 2017
Days on Market
2
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
4,065
Area Total SqFt
4065
Annual Tax Ammount
12196
Lot Size (sq ft)
6,070
Sewer
Sewer Connected

Property Description

Located in the Capitol Hill/Volunteer Park neighborhood. Very well maintained. Convenient to bus routes, local shops, services, restaurants and all levels of public and private schools. Each unit has a parking space which is accessed from the 14-foot wide alley plus plenty of on-street parking in front.

Additional Information

List Date
2017-10-28 00:00:00
Community
Capitol Hill
Net Operating Income
$74,616
Gross Adjusted Income
$112,309
Gross Scheduled Income
$112,309
Total Monthly Income
$10,485
Insurance Expenses
$1,677
Water/Sewer/Garbage Expenses
$6,534
Gross Rent Multiplier
15
Total Expenses
$47,693
Cap Rate
4.15
Vacancy Rate
3
Total Number of Units
6
Unit Name
815
Potential Terms
Cash Out, Conventional
Year Built
1902
Roof
Composition
Electric Expenses
359
Other Expenses
26927
School District
Seattle
Total Monthly Income
$10,485
Gross Scheduled Income
$112,309
Vacancy Rate
3
Gross Adjusted Income
$112,309
Tax Year
2017
Insurance Expense
$1,677
W/S/G Expenses
$6,534
Total Expenses
$47,693
Net Operating Income
$74,616
Gross Rent Multiplier
15
Cap Rate
4.15
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