1923 22ND Ave S Unit 1,2,3, Seattle, WA 98144

$1,150,000
4,200
SqFt

Listing courtesy of Homes & Equity Real Estate Grp.

List Price
$1,150,000
Status
PENDING
MLS#
1091679
Price Change
▼ $100,000 1492859510
Days on Market
45
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
4,200
Lot Size (sq ft)
4,200

Property Description

Prime Central Area Property - All units rented with stable tenants. C1-65 Zoning provides 65ft Height Limit, possible mixed use 20000sq ft structure. Incredible investment opportunity in the Central Business District. McClellan Light Rail Station 1 mile away. Currently, 3 apartments are rented, 2 garages, big storage, and basement have storage income. Property is under way to finish MUP for mixed use project 25 apartments, 3commercial spaces. Seller will provide all engineering/architecture work

Additional Information

List Date
2017-03-17 00:00:00
Community
Central Area
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1906
Total Parking
12
Uncovered Parking
10
Waterfront
Yes
View
City
Exterior
Wood Products
Roof
Composition
Site Features
Deck
Lot Details
Corner Lot
School District
Seattle
Total Monthly Income
$4,000
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Annual Taxes
$4,600
Tax Year
2016
Insurance Expense
$1,000
W/S/G Expenses
$3,600
Total Expenses
$5,100

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Rent
$1,500
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Rent
$1,000
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Rent
$1,000
Unit 4 Beds
1
Unit 4 Rent
$250
Unit 5 Rent
$125
Unit 6 Rent
$125

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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