5026 22nd Ave NE, Seattle, WA 98105

$2,375,000
4,560
SqFt

Listing courtesy of Pacific Crest.

List Price
$2,375,000
Status
ACTIVE
MLS#
1504653
Days on Market
7
Style
55 - 5-9 Units
Building Condition
['Remodeled']
Finished SqFt
4,560
Lot Size (sq ft)
5,000

Property Description

The Clara Antoinette apartments, named after the first known graduate of the University of Washington, is a turn-key six unit apartment building is in the University District neighborhood of Seattle. The Clara Antoinette offers a new investor the opportunity to purchase six fully renovated two bedroom, 1 bathroom apartments just blocks away from the University of Washington and the University Village shopping and social center.

Additional Information

List Date
2019-08-12 00:00:00
Community
University District
Property Type
MULT
Units
6
Stories
2
Potential Terms
Cash Out
Year Built
1928
Total Parking
3
Uncovered Parking
3
Exterior
Brick
Roof
Composition
School District
Seattle
Total Monthly Income
$13,526
Gross Scheduled Income
$162,312
Vacancy Rate
3
Gross Adjusted Income
$157,443
Annual Taxes
$15,190
Tax Year
2019
Insurance Expense
$2,652
W/S/G Expenses
$14,026
Total Expenses
$45,673
Net Operating Income
$111,770
Gross Rent Multiplier
14
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
760
Unit 1 Rent
$2,050
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
760
Unit 2 Rent
$2,050
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
760
Unit 3 Rent
$2,195
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
760
Unit 4 Rent
$2,095
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
760
Unit 5 Rent
$1,995
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
760
Unit 6 Rent
$2,195
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