Active
$2,500,000
Price
5,936
SqFt
5,936
SqFt

4301 SW Myrtle Street

Seattle, Washington WA98136

Paragon Real Estate Advisors are proud to present the Eaton Manor. This eight-unit apartment building consisting of two studio units, three one-bedroom one-bathroom units and three two-bedroom one-bathroom units. The building shows true pride of ownership with high-end updates in 7 of the units along with recent exterior improvements including; retrofitting, tuckpointing and washing and sealing the brick. In addition the building also has new electrical, water supply line, and a membrane type roof. The Eaton Manor offers a unique investment opportunity that is centrally located just blocks from Lincoln Park, the California Ave retail corridor and minutes to Alki Beach.

About This Property

Listing ID1875410
Price$2,500,000
StatusActive
SqFt 5,936
Acres 0.136
CountyKing
SubdivisionLincoln Park
Year Built1926
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Lincoln Park
Year Built 1926
Building Area Units Square Feet
Flooring See Remarks
Furnished Unfurnished
Heating Cooling Type Baseboard
Living Area Units Square Feet
Stories Total 1
Elevation Units Feet
Exterior Features See Remarks
Foundation Details See Remarks
Lot Size Dimensions 5936
Lot Size Square Feet 5936
Lot Size Units Square Feet
MLS Lot Size Source Public Records
Number Of Units Total 8
Roof See Remarks
Sewer Available
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Units In Building Total 8
Utilities Electricity Available
Water Sewer Garbage 10128
Water Source Public
Building Area Total 5936
Country US
High School District Seattle
MLS Area Major 140 - West Seattle
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
Amenities See Remarks
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Multi-Family
Power Production Type Electric
Preliminary Title Ordered no
Year Built Effective 1926
Cap Rate 3.8
Gross Adjusted Income 131408
Gross Rent Multiplier 18.1
Gross Scheduled Income 138324
Insurance Expense 4032
Leasable Area 5138
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 95735
Other Expense 10600
Possession See Remarks
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 10913
Tax Year 2021
Total Expenses 35673
Total Monthly Income 11527
Vacancy Rate 5

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4301 SW Myrtle Street Seattle, WA 98136

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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Saturday, January 22nd, 2022 09:03:14 PM.
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