1113 15th Avenue, Seattle, WA 98112

$1,850,000
3,850
SqFt

Listing courtesy of Real Property Associates.

List Price
$1,850,000
Status
ACTIVE
MLS#
2161627
Days on Market
10
Style
53 - Tri-plex
Finished SqFt
3,850
Area Total SqFt
3850
Annual Tax Ammount
10906
Internet Provider
Astound
Lot Size (sq ft)
3,600
Sewer
Sewer Connected

Property Description

Close in Cap Hill! Situated on a quiet, tree-lined street with a walkscore of 80. An easy walk to light rail, First Hill, Seattle U and an endless variety of restaurants & shopping. 1115 is a 2 level, 4-bed 2 bath unit w/high ceilings & generous spaces. Top-to-bottom remodel in 2018 and including a primary suite, large kitchen, extensive office space, city views and an unbeatable west facing deck. 1113= a 3-bed 1.5 bath unit w/similar spaciousness & high ceilings along with extensive upgrades in 2021. 1113 1/2 is a large 1 bedroom w/big kitchen, living & office space. Full size W/D in all units! 1 car garage & off street parking for at least 5. Forced air gas heat & gas hot water, all new in '19. Current 4.6% CAP despite below market rents.

Additional Information

List Date
2023-09-15 00:02:10
Community
Capitol Hill
Net Operating Income
$86,451
Gross Adjusted Income
$109,680
Gross Scheduled Income
$109,680
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$3,837
Gross Rent Multiplier
17
Total Expenses
$23,229
Cap Rate
4.6
Total Number of Units
3
Unit Name
1113
Potential Terms
Cash Out, Conventional, FHA
Year Built
1905
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Electric Expenses
1711
Other Expenses
3500
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$109,680
Gross Adjusted Income
$109,680
Tax Year
2023
Insurance Expense
$1,500
W/S/G Expenses
$3,837
Total Expenses
$23,229
Net Operating Income
$86,451
Gross Rent Multiplier
17
Cap Rate
4.6
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