5033 Brooklyn Ave NE, Seattle, WA 98105

$3,200,000
7,346
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$3,200,000
Status
ACTIVE
MLS#
1471134
Days on Market
9
Style
56 - 10+ Units
Finished SqFt
7,346
Lot Size (sq ft)
5,037

Property Description

A classic 20-unit apt bldg, ideally situated steps from future Light Rail Station and the UW. Originally built as student housing for the UW, it has been upgraded to a conforming apt bldg, while maintaining it's existing old world charm. Each unit has individual kitchens and 14 units have individual bathrooms. The remaining 6 units share 3 bathrooms, one located on each floor. Units have been updated with modern lighting, new floors & appliances. Interior/Exterior has been freshly painted.

Additional Information

List Date
2019-06-07 00:00:00
Community
University District
Property Type
MULT
Units
20
Stories
3
Potential Terms
Cash Out
Year Built
1905
Total Parking
3
Uncovered Parking
3
Exterior
Wood Products
Roof
Composition
School District
Seattle
Total Monthly Income
$20,916
Gross Scheduled Income
$251,100
Vacancy Rate
3
Gross Adjusted Income
$243,567
Annual Taxes
$20,162
Tax Year
2018
Insurance Expense
$4,400
W/S/G Expenses
$18,000
Total Expenses
$72,062
Net Operating Income
$167,505
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Size
180
Unit 1 Rent
$850
Unit 2 Size
280
Unit 2 Rent
$850
Unit 3 Baths
1.00
Unit 3 Size
245
Unit 3 Rent
$950
Unit 4 Size
245
Unit 4 Rent
$995
Unit 5 Baths
1.00
Unit 5 Size
285
Unit 5 Rent
$950
Unit 6 Baths
1.00
Unit 6 Size
350
Unit 6 Rent
$1,025
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