1021 N 50th Street, Seattle, WA 98103
- $2,750,000
- 5,514
- SqFt
Listing courtesy of Lake & Company. Selling Office: Windermere Real Estate Co..
- Sold Price
- $2,750,000
- List Price
- $2,750,000
- Status
- SOLD
- MLS#
- 1564922
- Closing Date
- May 29, 2020
- Days on Market
- 7
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 5,514
- Area Total SqFt
- 5514
- Annual Tax Ammount
- 19677
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2020-02-25
Property Description
Turn-key & low maintenance 7 unit in a fantastic location/across from Woodland Pk. Walk to Green Lake, Wallingford & Fremont. Down to the studs remodel (2007) included all copper plumbing, 100% rewired & new electric panels, new windows, 50yr roof, insulation, new kitchens & baths. High-end finishes include gorgeous hardwoods, granite counters, stainless appliances & stamped concrete patio entrances. Large windows let in great natural light & overlook the park. Easy commute to SLU & downtown.
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Additional Information
- List Date
- 2020-05-22 00:00:00
- Community
- Green Lake
- Net Operating Income
- $141,410
- Gross Adjusted Income
- $175,171
- Gross Scheduled Income
- $176,940
- Total Monthly Income
- $14,745
- Insurance Expenses
- $1,589
- Water/Sewer/Garbage Expenses
- $6,437
- Gross Rent Multiplier
- 16
- Total Expenses
- $33,761
- Cap Rate
- 5.1
- Vacancy Rate
- 1
- Total Number of Units
- 7
- Unit Name
- 1021
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1955
- View
- See Remarks
- Roof
- Composition
- Site Features
- Patio
- Electric Expenses
- 431
- Other Expenses
- 5627
- School District
- Seattle
- Total Monthly Income
- $14,745
- Gross Scheduled Income
- $176,940
- Vacancy Rate
- 1
- Gross Adjusted Income
- $175,171
- Tax Year
- 2020
- Insurance Expense
- $1,589
- W/S/G Expenses
- $6,437
- Total Expenses
- $33,761
- Net Operating Income
- $141,410
- Gross Rent Multiplier
- 16
- Cap Rate
- 5.1
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