5246 Brooklyn Ave NE, Seattle, WA 98105

$4,850,000

Listing courtesy of Wonderland Real Estate. Selling Office: Homes & Equity Real Estate Grp.

Sold Price
$4,850,000
List Price
$5,300,000
Status
SOLD
MLS#
1736705
Closing Date
Mar 15, 2022
Days on Market
288
Style
56 - 10+ Units
Building Condition
Very Good
Annual Tax Ammount
10364
Lot Size (sq ft)
4,000
Sewer
Available

Property Description

Show-stopping investment opportunity with 12 modern units presents a rare chance to own a well-maintained and centrally-located investment that’s worthy of any property portfolio. Built in 2015, you’ll enjoy the peace of mind of a newer building along with stable rents. A prized location in the highly desirable University District that attracts a wide range of eager tenants. Designed for easy-care living and contemporary comfort, the properties showcase modern fixtures and must-have features along with generous and light-filled living spaces that invite residents to kick back and relax. The building offers a Walk Score of 98 and a Transit Score of 78 with a 15-minute walk to the Future U-District Light Rail.

Additional Information

List Date
2021-05-31 00:00:00
Community
University District
Net Operating Income
$228,602
Gross Adjusted Income
$295,200
Gross Scheduled Income
$295,200
Total Monthly Income
$24,600
Insurance Expenses
$2,280
Water/Sewer/Garbage Expenses
$12,342
Total Expenses
$66,598
Cap Rate
4
Total Number of Units
12
Unit Name
5246
Potential Terms
Conventional
Year Built
2015
Roof
Flat
Site Features
Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Sprinkler System
Electric Expenses
365
Other Expenses
41247
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$24,600
Gross Scheduled Income
$295,200
Gross Adjusted Income
$295,200
Tax Year
2021
Insurance Expense
$2,280
W/S/G Expenses
$12,342
Total Expenses
$66,598
Net Operating Income
$228,602
Cap Rate
4
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