6537 Oswego Place NE, Seattle, WA 98115
- $2,360,000
- 5,290
- SqFt
Listing courtesy of Heaton Dainard, LLC. Selling Office: .
- Sold Price
- $2,360,000
- List Price
- $2,400,000
- Status
- SOLD
- MLS#
- 1216869
- Closing Date
- Apr 20, 2018
- Days on Market
- 76
- Style
- 56 - 10+ Units
- Building Condition
- ['Average']
- Finished SqFt
- 5,290
- Lot Size (sq ft)
- 7,800
Property Description
Great investment opportunity w this fully leased, 11-unit (9 studios & two 1- bed apartments) building located in the Green Lake neighborhood. VALUE ADD: Create addtnl studio in basement. Excellent rent upside for new owner. Off street parking/Ample storage/Coin-op Laundry on site/Professionally managed. 7800 SQ FT lot zoned LR3 RC, could support 7-9 unit townhome site (Buyer to verify). Short walk to future Roosevelt Light Rail station, across street from Green Lake P&R, easy access to I-5.
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Additional Information
- List Date
- 2017-12-07 00:00:00
- Community
- Green Lake
- Property Type
- MULT
- Units
- 11
- Stories
- 2
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1950
- Total Parking
- 7
- Uncovered Parking
- 7
- Exterior
- Brick, Wood
- Roof
- Composition, Flat
- Site Features
- ['Fenced-Partially']
- Lot Details
- Dead End Street, Paved Street
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $12,240
- Gross Scheduled Income
- $146,875
- Gross Adjusted Income
- $146,875
- Annual Taxes
- $17,015
- Tax Year
- 2017
- Insurance Expense
- $3,230
- W/S/G Expenses
- $5,496
- Total Expenses
- $42,078
- Net Operating Income
- $104,797
- Gross Rent Multiplier
- 16
- Cap Rate
- 4
Room Dimensions
- Unit 1 Baths
- 1.00
- Unit 1 Size
- 265
- Unit 2 Baths
- 1.00
- Unit 2 Size
- 395
- Unit 3 Baths
- 1.00
- Unit 3 Size
- 395
- Unit 4 Baths
- 1.00
- Unit 4 Size
- 395
- Unit 5 Baths
- 1.00
- Unit 5 Size
- 395
- Unit 6 Baths
- 1.00
- Unit 6 Size
- 395
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