Active
$4,300,000
Price
5,333
SqFt
5,333
SqFt
4709 8th Avenue NE B
Seattle, Washington WA98105
Three standalone rooming houses offer an incredible investment opportunity in the University District, just blocks from University of Washington and one of the newest Link Light Rail stations in the city. UW is home to 40,000+ students offering an endless rental pool! Each home has 8 bedrooms with 2.5+ baths and a laundry area. Spacious common area. Rooms can be rented separately or together. Recently built means low cost to own. Central location with easy access- walk score 94.Across from University Playground, minutes to restaurants, Trader Joes, Safeway, movie theater, public library, and University District Farmer's Market.
About This Property
Listing ID1924488
Price$4,300,000
StatusActive
SqFt
5,333
Acres
0.098
CountyKing
SubdivisionUniversity District
Year Built2018
Property TypeResidential Income
Property Sub TypeMulti-Family
County
King
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
University District
Year Built
2018
Building Area Units
Square Feet
Flooring
Laminate
Furnished
Unfurnished
Heating Cooling Type
Wall
Interior Features
Laminate Hardwood
Living Area Units
Square Feet
Stories Total
3
Elevation Units
Feet
Exterior Features
Cement Planked, Wood Products
Foundation Details
Poured Concrete
Lot Features
Curbs, Paved, Sidewalk
Lot Number
A, B, C
Lot Size Square Feet
4282
Lot Size Units
Square Feet
MLS Lot Size Source
tax records 3 Parcels
Number Of Units Total
3
Roof
Composition
Sewer
Sewer Connected
Sewer Company
Seattle Public Utility
Structure Type
Triplex
Style Code
53 - Tri-plex
Units Below Grade
false
Units In Building Total
3
Utilities
High Speed Internet, Sewer Connected, Electricity Available
Water Company
Seattle Public Utility
Water Source
Public
Building Area Total
5333
Country
US
Elementary School
Green Lake
High School
Lincoln High
High School District
Seattle
Middle Or Junior School
Hamilton Mid
MLS Area Major
710 - North Seattle
View
Territorial
Waterfront
no
Zoning Jurisdiction
City
Mls Status
Active
Offers
Seller intends to review offers upon receipt
Power Company
Seattle City Light
Power Production Type
Electric
Preliminary Title Ordered
yes
Property Condition
Very Good
Show Map Link
yes
Site Features
High Speed Internet
Cap Rate
5.33
Gross Adjusted Income
240000
Gross Rent Multiplier
17.91
Gross Scheduled Income
240000
Insurance Expense
1800
Leasable Area
5333
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
229226
Other Expense
1200
Possession
Closing, Tenant's Rights
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
7774
Tax Year
2021
Total Expenses
10774
Total Monthly Income
20000
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4709 8th Avenue NE #B Seattle, WA 98105
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