5604 17th Ave NE, Seattle, WA 98105

$1,215,000
3,783
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: .

Sold Price
$1,215,000
List Price
$1,388,000
Status
SOLD
MLS#
1396944
Closing Date
Mar 11, 2019
Days on Market
26
Style
55 - 5-9 Units
Finished SqFt
3,783
Lot Size (sq ft)
5,400

Property Description

Originally constructed in 1910, the property features period detail and charm as well as a mix of apartment units and rooms with shared spaces that are well suited to the University/Ravenna rental market. Residents are drawn to the walkability and convenience of the location and charming park side setting and slower paced feel of the Ravenna neighborhood.

Additional Information

List Date
2019-01-02 00:00:00
Community
Ravenna
Property Type
MULT
Units
7
Stories
3
Potential Terms
Cash Out
Year Built
1910
Exterior
Wood
Roof
Composition
School District
Seattle
Total Monthly Income
$7,115
Gross Scheduled Income
$85,380
Vacancy Rate
4
Gross Adjusted Income
$81,965
Annual Taxes
$9,732
Tax Year
2018
Insurance Expense
$1,306
W/S/G Expenses
$8,790
Total Expenses
$26,330
Net Operating Income
$55,635
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Baths
1.00
Unit 1 Size
375
Unit 1 Rent
$800
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
830
Unit 2 Rent
$1,400
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
900
Unit 3 Rent
$1,650
Unit 4 Size
178
Unit 4 Rent
$800
Unit 5 Beds
1
Unit 5 Size
375
Unit 5 Rent
$675
Unit 6 Beds
1
Unit 6 Size
375
Unit 6 Rent
$600
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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