2515 E Yesler Wy, Seattle, WA 98122

$2,640,000
11,950
SqFt

Listing courtesy of Alchemy Real Estate.

List Price
$2,640,000
Status
ACTIVE
MLS#
1399405
Days on Market
10
Style
54 - 4-Plex
Finished SqFt
11,950
Lot Size (sq ft)
4,000

Property Description

Investors / Founders Court is located in one of Seattle's most desirable and urban accessible locales. 4 brand new townhomes that are well appointed, low maintenance, and come with a one-year warranty. Ideal 1031 Exchange replacement property; get out of something old and riddled with repairs and into something new. All 4 units are move-in ready.

Additional Information

List Date
2019-01-10 00:00:00
Community
Central Area
Property Type
MULT
Units
4
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
2018
View
Territorial
Exterior
Wood Products
Roof
Flat
Lot Details
Paved Street, Sidewalk
School District
Seattle
Elementary School
Leschi
Middle School
Meany Mid
High School
Garfield High
Total Monthly Income
$11,950
Gross Scheduled Income
$143,400
Vacancy Rate
5
Gross Adjusted Income
$136,230
Annual Taxes
$22,116
Tax Year
2018
Insurance Expense
$1,450
Total Expenses
$23,566
Net Operating Income
$112,664
Gross Rent Multiplier
18
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.75
Unit 1 Size
1110
Unit 1 Rent
$2,850
Unit 2 Beds
2
Unit 2 Baths
1.75
Unit 2 Size
1210
Unit 2 Rent
$3,000
Unit 3 Beds
2
Unit 3 Baths
1.75
Unit 3 Size
1193
Unit 3 Rent
$2,950
Unit 4 Beds
2
Unit 4 Baths
1.75
Unit 4 Size
1193
Unit 4 Rent
$3,150
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