419 21st Ave

Seattle, WA 98122

$1,171,500
4,880
SqFt
property image

Listing courtesy of RE/MAX Eastside Brokers, Inc.. Selling Office: .

Sold Price
$1,171,500
Status
SOLD
MLS#
389078
Closing Date
Jan 22, 2013
Days On Market
174
Style
55 - 5-Plex
Building Condition
Remodeled
Size
4,880
Lot Size (sq ft)
7,200

Property Description

Excellent 6 unit condo project building with excellent demand-always rented. Totally remodeled building in 2004. Modern living condo units with hardwood floors, stainless steel appliances. Patio units on lower units & private gallery entry to the upper units. Shows all new inside with an abundance of designer touches. Each units has its own parking in the back. Great location near hospitals and easy access to shopping, commuting. This condo building offers a perfect investment for the money

425-223-6021

Additional Information

List Date
2012-08-01 00:00:00
Community
Capitol Hill
Property Type
MULT
# of Units
6
Stories
2
Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
760
Unit 1 Rent
$1,200
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
760
Unit 2 Rent
$1,150
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
760
Unit 3 Rent
$1,150
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
760
Unit 4 Rent
$1,150
Net Operating Income
$61,563
Gross Adjusted Income
$84,000
Gross Scheduled Income
$84,000
Total Monthly Income
$84,000
Insurance Expense
$4,281
W/S/G Expenses
$4,272
Total Expenses
$22,437
Gross Rent Multiplier
15
Cap Rate
5.00
Year Built
2004
Total Parking
6
Uncovered Parking
6
View
Territorial
Exterior
Metal/Vinyl, Wood
Roof
Metal
Site Features
Fenced-Fully, Gated Entry
Lot Details
Alley, Paved Street
Annual Taxes
$11,702
Tax Year
2012
School District
Seattle
High School
Garfield High
Potential Terms
Cash Out, Conventional, Owner Financing

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