1446 E Roy Street, Seattle, WA 98112
- $4,400,000
- 8,270
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $4,400,000
- Status
- ACTIVE
- MLS#
- 2162230
- Days on Market
- 10
- Style
- 55 - 5-9 Units
- Finished SqFt
- 8,270
- Area Total SqFt
- 8270
- Annual Tax Ammount
- 26094
- Lot Size (sq ft)
- 6,351
- Sewer
- Sewer Connected
Property Description
Introducing a meticulously maintained seven-unit apartment building nestled in the heart of the city. Originally built in 1968, the subject property is a unique collection of oversized apartments with versatile bedroom combinations, making it a perfect choice for roommates. The property includes 2 remarkable 5-bedroom units – a true rarity in the city. Built with thorough attention to detail, the structure is a standing as a testament to its quality construction. Each apartment has been thoughtfully updated with granite countertops, quality cabinetry and modern flooring. Washers and dryers in the units add another level of convenience for tenants, an amenity that help command higher rents and keep vacancy rates low.
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Additional Information
- List Date
- 2023-09-14 19:49:10
- Community
- Capitol Hill
- Net Operating Income
- $225,475
- Gross Adjusted Income
- $281,397
- Gross Scheduled Income
- $290,100
- Total Monthly Income
- $24,175
- Insurance Expenses
- $4,400
- Water/Sewer/Garbage Expenses
- $15,000
- Gross Rent Multiplier
- 15.17
- Total Expenses
- $55,922
- Cap Rate
- 5.12
- Vacancy Rate
- 3
- Total Number of Units
- 7
- Unit Name
- 1446
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 1968
- View
- City
- Roof
- See Remarks
- Other Expenses
- 10428
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $24,175
- Gross Scheduled Income
- $290,100
- Vacancy Rate
- 3
- Gross Adjusted Income
- $281,397
- Tax Year
- 2022
- Insurance Expense
- $4,400
- W/S/G Expenses
- $15,000
- Total Expenses
- $55,922
- Net Operating Income
- $225,475
- Gross Rent Multiplier
- 15.17
- Cap Rate
- 5.12
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