730 N 85th St, Seattle, WA 98103

$5,850,000
17,011
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: .

Sold Price
$5,850,000
List Price
$6,195,000
Status
SOLD
MLS#
1251917
Closing Date
Jun 15, 2018
Days on Market
20
Style
56 - 10+ Units
Finished SqFt
17,011
Lot Size (sq ft)
14,625

Property Description

19-unit apartment building located in the heart of the Greenwood neighborhood. Fully updated units and mechanical systems. New kitchens and bathrooms, new flooring, W/D installed in each unit. Updated lobby and common areas. New windows, exterior paint and roof. Highlights include top floor penthouse units, secured access entry, a common BBQ area and beautiful views.

Additional Information

List Date
2018-03-01 00:00:00
Community
Greenwood
Property Type
MULT
Units
17
Stories
4
Potential Terms
Cash Out
Year Built
1971
Total Parking
23
Uncovered Parking
20
Exterior
Cement/Concrete, Wood Products
Roof
Flat
School District
Seattle
Total Monthly Income
$36,780
Gross Scheduled Income
$441,360
Vacancy Rate
4
Gross Adjusted Income
$423,706
Annual Taxes
$30,143
Tax Year
2016
Insurance Expense
$5,567
W/S/G Expenses
$24,949
Total Expenses
$112,120
Net Operating Income
$311,585
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
628
Unit 1 Rent
$1,575
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
596
Unit 2 Rent
$1,525
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
628
Unit 3 Rent
$1,575
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
596
Unit 4 Rent
$1,550
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
585
Unit 5 Rent
$1,550
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
701
Unit 6 Rent
$1,595
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.

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