5204 18th Avenue NE, Seattle, WA 98105
- $2,090,000
- 4,200
- SqFt
Listing courtesy of Bel-Red Realty Service.
- List Price
- $2,090,000
- Status
- ACTIVE
- MLS#
- 2026114
- Days on Market
- 18
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 4,200
- Area Total SqFt
- 4200
- Annual Tax Ammount
- 17481
- Lot Size (sq ft)
- 6,480
- Sewer
- Sewer Connected
Property Description
A rare opportunity to own a classic University District, 7 unit rental house. Cash Flow is king in this well located, well maintained, rental house, each unit has a full kitchen as well as a full bath (two bathes in the biggest unit). A lot of upgrade was done including kitchen, bath, floor, etc. in the past few years. Property ideally located just blocks from UW campus, few vacancies, current units leased thru August 2023 upside rental potential, just minutes from freeway access, U Villiage and downtown.
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Additional Information
- List Date
- 2023-01-19 04:19:09
- Community
- University District
- Net Operating Income
- $90,169
- Gross Scheduled Income
- $135,960
- Total Monthly Income
- $1,200
- Insurance Expenses
- $7,672
- Water/Sewer/Garbage Expenses
- $10,429
- Gross Rent Multiplier
- 15.37
- Total Expenses
- $45,790
- Cap Rate
- 4.31
- Total Number of Units
- 7
- Unit Name
- 5204
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- View
- Territorial
- Roof
- Composition
- Heating/Cooling Type
- Forced Air
- Electric Expenses
- 1490
- Other Expenses
- 3000
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Laurelhurst
- Middle School
- Eckstein Mid
- High School
- Roosevelt High
- Total Monthly Income
- $1,200
- Gross Scheduled Income
- $135,960
- Tax Year
- 2022
- Insurance Expense
- $7,672
- W/S/G Expenses
- $10,429
- Total Expenses
- $45,790
- Net Operating Income
- $90,169
- Gross Rent Multiplier
- 15.37
- Cap Rate
- 4.31
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