730 N 85th Street, Seattle, WA 98103

$5,850,000
17,011
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

Sold Price
$5,850,000
List Price
$6,195,000
Status
SOLD
MLS#
1251917
Closing Date
Jun 15, 2018
Days on Market
249
Style
56 - 10+ Units
Finished SqFt
17,011
Area Total SqFt
17011
Annual Tax Ammount
30143
Lot Size (sq ft)
14,625
Sewer
Sewer Connected

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
2017-10-09 00:00:00
Community
Greenwood
Net Operating Income
$311,585
Gross Adjusted Income
$423,706
Gross Scheduled Income
$441,360
Total Monthly Income
$36,780
Insurance Expenses
$5,567
Water/Sewer/Garbage Expenses
$24,949
Gross Rent Multiplier
14
Total Expenses
$112,120
Cap Rate
5.03
Vacancy Rate
4
Total Number of Units
17
Unit Name
730
Potential Terms
Cash Out
Year Built
1971
Roof
Flat
Other Expenses
55461
School District
Seattle
Total Monthly Income
$36,780
Gross Scheduled Income
$441,360
Vacancy Rate
4
Gross Adjusted Income
$423,706
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
5.03
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 .

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