10539 Midvale Ave N, Seattle, WA 98133

$1,800,000
5,184
SqFt

Listing courtesy of Keller Williams Seattle Metro.

List Price
$1,800,000
Status
ACTIVE
MLS#
1220371
Days on Market
53
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
5,184
Lot Size (sq ft)
4,900

Property Description

6-unit apartment building located in desirable North Seattle. The property underwent a complete & immaculate remodel in 2017: Updated unit interiors w/ high-end finishes; new appliance packages; individual w/d, new plumb/elect. systems, exterior, fences, landscaping, & more. Also has a community laundry room w/ coin-op machines, storage & off-street parking for tenant convenience. A solid turn-key investment property; 4.75% Cap Rate w/ good cashflow. Quick access to I-5, 99; close to downtown.

Additional Information

List Date
2017-11-30 00:00:00
Community
Northgate
Property Type
MULT
Units
6
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1986
Total Parking
4
Uncovered Parking
4
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Fenced-Fully, Gated Entry, High Speed Internet
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Elementary School
Viewlands
Middle School
Buyer To Verify
High School
Ingraham High
Total Monthly Income
$9,045
Gross Scheduled Income
$108,540
Vacancy Rate
3
Gross Adjusted Income
$105,283
Annual Taxes
$10,853
Tax Year
2017
Insurance Expense
$1,915
W/S/G Expenses
$6,870
Total Expenses
$19,638
Net Operating Income
$85,645
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
800
Unit 1 Rent
$1,450
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
800
Unit 2 Rent
$1,495
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
800
Unit 3 Rent
$1,550
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
800
Unit 4 Rent
$1,550
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
800
Unit 5 Rent
$1,500
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
800
Unit 6 Rent
$1,500

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.