2117 Dexter Avenue N, Seattle, WA 98109
- $2,350,000
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Skyline Properties, Inc..
- Sold Price
- $2,350,000
- List Price
- $2,425,000
- Status
- SOLD
- MLS#
- 1839433
- Closing Date
- Jan 21, 2022
- Days on Market
- 65
- Style
- 55 - 5-9 Units
- Annual Tax Ammount
- 21116
- Lot Size (sq ft)
- 4,600
- Sewer
- Sewer Connected
Property Description
Amazing Investment on Dexter Ave in-between South Lake Union and Fremont. The entire top floor is a Penthouse with fantastic views of Lake Union and Downtown. Enjoy watching the Seaplanes, biking along Dexter, and the city lights from your master bedroom balcony…. The four story building was built in 1970 and is wood framed construction. The building features one ground floor studio unit, four large (750 Sq. Ft.) 1BD/1BTH units, and a 1,500 square foot 3BD/2BTH penthouse unit occupying the whole top floor. The top three floors have great views of Downtown and Lake Union.
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Additional Information
- List Date
- 2021-11-17 00:00:00
- Community
- Lake Union
- Net Operating Income
- $102,880
- Gross Adjusted Income
- $140,083
- Gross Scheduled Income
- $145,920
- Total Monthly Income
- $12,160
- Insurance Expenses
- $2,800
- Water/Sewer/Garbage Expenses
- $6,537
- Gross Rent Multiplier
- 17
- Total Expenses
- $37,203
- Cap Rate
- 4.2
- Vacancy Rate
- 4
- Total Number of Units
- 6
- Unit Name
- 2117
- Potential Terms
- Cash Out
- Year Built
- 1970
- Roof
- Flat
- Other Expenses
- 6750
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $12,160
- Gross Scheduled Income
- $145,920
- Vacancy Rate
- 4
- Gross Adjusted Income
- $140,083
- Tax Year
- 2021
- Insurance Expense
- $2,800
- W/S/G Expenses
- $6,537
- Total Expenses
- $37,203
- Net Operating Income
- $102,880
- Gross Rent Multiplier
- 17
- Cap Rate
- 4.2
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