3207 21st Ave W, Seattle, WA 98199

$2,200,000
5,075
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$2,200,000
Status
ACTIVE
MLS#
1527987
Days on Market
8
Style
55 - 5-9 Units
Finished SqFt
5,075
Lot Size (sq ft)
7,020

Property Description

Fully renovated 6 unit building with quick access to Downtown Seattle. This is a turnkey investment opportunity for a buyer, with recent renovations including the addition of a second bathroom and washer/ dryer in each unit. Units have been fully remodeled with new cabinets, countertops, appliances, and refinished flooring.

Additional Information

List Date
2019-10-07 00:00:00
Community
Magnolia
Property Type
MULT
Units
6
Stories
2
Potential Terms
Cash Out
Year Built
1962
Total Parking
6
Uncovered Parking
6
Exterior
Brick, Cement/Concrete
Roof
Composition
School District
Seattle
Total Monthly Income
$14,025
Gross Scheduled Income
$168,300
Vacancy Rate
5
Gross Adjusted Income
$159,885
Annual Taxes
$14,494
Tax Year
2019
Insurance Expense
$2,100
W/S/G Expenses
$10,148
Total Expenses
$46,337
Net Operating Income
$113,548
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
850
Unit 1 Rent
$2,245
Unit 2 Beds
2
Unit 2 Baths
2.00
Unit 2 Size
850
Unit 2 Rent
$2,195
Unit 3 Beds
1
Unit 3 Baths
2.00
Unit 3 Size
825
Unit 3 Rent
$2,195
Unit 4 Beds
2
Unit 4 Baths
2.00
Unit 4 Size
850
Unit 4 Rent
$2,195
Unit 5 Beds
2
Unit 5 Baths
2.00
Unit 5 Size
850
Unit 5 Rent
$2,195
Unit 6 Beds
2
Unit 6 Baths
2.00
Unit 6 Size
850
Unit 6 Rent
$2,295
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