10539 Midvale Ave N, Seattle, WA 98133

$1,600,000
5,184
SqFt

Listing courtesy of Keller Williams Seattle Metro.

List Price
$1,600,000
Status
ACTIVE
MLS#
1430478
Days on Market
14
Style
55 - 5-9 Units
Building Condition
['Average']
Finished SqFt
5,184
Lot Size (sq ft)
4,900

Property Description

Condo-quality 6-unit building located in desirable North Seattle. Fully-occupied w/ quality tenants; solid turnkey investment property w/good cashflow & room for upside in rents. Virtually maintenance free; completely remodeled in 2017: updated interiors w/ high-end finishes; new appliance packages; individual w/d, upgraded plumb/elect & more. Also has a community laundry room w/coin-op machines, storage & off-street parking for tenant convenience. Quick access to I-5/99; easy downtown commute.

Additional Information

List Date
2019-04-04 00:00:00
Community
Northgate
Property Type
MULT
Units
6
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1986
Total Parking
8
Uncovered Parking
8
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Lot Details
Paved Street
School District
Seattle
Elementary School
Viewlands
Middle School
Robert Eagle Staff M
High School
Ingraham High
Total Monthly Income
$9,206
Gross Scheduled Income
$110,480
Gross Adjusted Income
$110,480
Annual Taxes
$10,207
Tax Year
2018
Insurance Expense
$1,650
W/S/G Expenses
$8,928
Total Expenses
$22,457
Net Operating Income
$88,023
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
800
Unit 1 Rent
$1,550
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
800
Unit 2 Rent
$1,495
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
800
Unit 3 Rent
$1,550
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
800
Unit 4 Rent
$1,550
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
800
Unit 5 Rent
$1,550
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
800
Unit 6 Rent
$1,535

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