4730 19th Ave NE, Seattle, WA 98105

$3,750,000
7,600
SqFt

Listing courtesy of Home Realty.

List Price
$3,750,000
Status
PENDING FEASABILITY
MLS#
1229298
Days on Market
6
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
7,600
Lot Size (sq ft)
11,572

Property Description

Rare opportunity. Investors' dream. Two side by side rooming houses on desirable street in University D. on their own large lot. One is a legal duplex, both subdividable for future development , street to street lots. 15 bedrooms in each house, 30 total. always rented no vacancies . Tenants pay for all utilities. Seller is willing to sell them separately , but they must close simultaneously . Both of them have double garages on 20th Ave. Addresses 4724, and 4730.

Additional Information

List Date
2018-01-02 00:00:00
Community
University District
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1910
Total Parking
6
Uncovered Parking
2
Exterior
Wood
Roof
Built-Up
School District
Seattle
Elementary School
Adams
Total Monthly Income
$14,550
Gross Scheduled Income
$174,600
Gross Adjusted Income
$174,600
Annual Taxes
$16,700
Tax Year
2017
Insurance Expense
$2,660
Total Expenses
$32,360
Net Operating Income
$142,200
Gross Rent Multiplier
21
Cap Rate
3

Room Dimensions

Unit 1 Beds
15
Unit 1 Baths
3.00
Unit 1 Size
2580
Unit 1 Rent
$7,200
Unit 2 Beds
8
Unit 2 Baths
2.00
Unit 2 Size
1500
Unit 2 Rent
$3,700
Unit 3 Beds
7
Unit 3 Baths
2.00
Unit 3 Size
1500
Unit 3 Rent
$3,650

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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