1709 E Columbia St, Seattle, WA 98122

$2,049,000
3,980
SqFt

Listing courtesy of John L. Scott, Inc..

List Price
$2,049,000
Status
ACTIVE
MLS#
1765860
Days on Market
18
Style
54 - 4-Plex
Building Condition
['Remodeled']
Finished SqFt
3,980
Lot Size (sq ft)
3,200

Property Description

Just completed "Studs Out" rebuild of this charming luxury 4-plex on First Hill. The building is nearly fully rented, rents are actual, NOT pro-forma. All units feature: new flooring, new in-unit washer & dryers, chefs kitchens w/ new appliances, quartz counter tops, fire sprinkler system, new windows, new roof, new ondemand hot water, new electrical/plumbing, & new energy efficent ductless mini-splits provide heating & cooling. Walk Score 84 - Walking distance to light rail station, Seattle University, Swedish Hospital, & all that Capitol Hill has to offer!

Additional Information

List Date
2021-04-30 00:00:00
Community
First Hill
Property Type
MULT
Units
4
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1901
View
['City', 'Territorial']
Exterior
Cement Planked
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$8,920
Gross Scheduled Income
$116,025
Vacancy Rate
5
Annual Taxes
$9,227
Tax Year
2020
Insurance Expense
$4,180
W/S/G Expenses
$5,280
Total Expenses
$18,687
Net Operating Income
$97,338
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Rent
$2,195
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Rent
$2,550
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Rent
$2,100
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Rent
$2,075
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