535 Federal Avenue E, Seattle, WA 98102
- $1,399,000
- 2,743
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $1,399,000
- Status
- ACTIVE
- MLS#
- 2072089
- Days on Market
- 52
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,743
- Area Total SqFt
- 2743
- Annual Tax Ammount
- 10166
- Lot Size (sq ft)
- 1,841
- Sewer
- Sewer Connected
Property Description
Unbeatable north Capitol Hill location! This corner lot 4-plex offers 4 spacious 1-bed, 1-bath apartments. Units are in good shape with plenty of upside to update apartments for even better cashflow. Old World Charm, high ceilings, light & bright, great floor plans, gas heat & cooking. UPDATED plumbing & electrical. Massive attic (more than 1,000 sq, ft) with potential to finish. Close to EVERYTHING - A Walker's Paradise! Walk to shops, Seattle U, Volunteer Park, Swedish, Seattle CC, Cornish, QFC, Light Rail Station, shopping, restaurants & more! Conveniently located between Broadway and 15th - close to the hustle and bustle yet still a quiet residential neighborhood. Low rents, tons of upside, BEST location on Cap Hill.
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Additional Information
- List Date
- 2023-04-07 22:12:31
- Community
- Capitol Hill
- Net Operating Income
- $66,282
- Gross Adjusted Income
- $79,968
- Gross Scheduled Income
- $81,600
- Total Monthly Income
- $6,800
- Insurance Expenses
- $1,238
- Water/Sewer/Garbage Expenses
- $3,210
- Gross Rent Multiplier
- 17.14
- Total Expenses
- $15,318
- Cap Rate
- 4.7
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 535
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1902
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet
- Electric Expenses
- 704
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $6,800
- Gross Scheduled Income
- $81,600
- Vacancy Rate
- 2
- Gross Adjusted Income
- $79,968
- Tax Year
- 2023
- Insurance Expense
- $1,238
- W/S/G Expenses
- $3,210
- Total Expenses
- $15,318
- Net Operating Income
- $66,282
- Gross Rent Multiplier
- 17.14
- Cap Rate
- 4.7
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