5226 19th Avenue NE

Seattle, Washington WA98105

Triplex land use, currently DUPLEX permit. Each level designed as independent 2-Bd 1 bth unit with separate entries, separate meters. CAT-5, NEW Paint, Excellent condition. Main and lower floors connected by spiral staircase. Triplex zoning, remove spiral staircase and get THREE bedrooms per level. Lower level room can easily be used as kitchen and dining. Tenants pay utilities. Main-lower floors vacant; rents estimated comparable rents are $9,000+ monthly. Permitted renovation 2001: plumbing, electrical, earthquake retrofit, insulation, kitchens bathrooms. Upstairs unit heating not working, insert supplies heat. Upper-main levels mountain-territorial VIEWS. Lower private deck. 2-3 car parking in back. Close to bus, rail, UW, I-5, 520

About This Property

Listing ID1969733
SqFt 2,820
Acres 0.099
SubdivisionUniversity District
Year Built1913
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision University District
Year Built 1913
Building Area Units Square Feet
Flooring Ceramic Tile, Hardwood, Laminate, Carpet
Furnished Unfurnished
Heating Cooling Type Hot Water Recirc Pump, Insert, Radiator, Stove/Free Standing
Interior Features Radiator, Hot Water Recirc Pump, Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate
Living Area Units Square Feet
Stories Total 3
Elevation Units Feet
Exterior Features Wood
Foundation Details Slab
Lot Features Curbs, Paved, Sidewalk
Lot Size Dimensions 40x107
Lot Size Square Feet 4320
Lot Size Units Square Feet
MLS Lot Size Source KCAR
Number Of Units Total 3
Open Parking Spaces 2
Parking Total 2
Parking Uncovered Spaces 2
Roof Composition
Sewer Sewer Connected
Structure Type Triplex
Style Code 53 - Tri-plex
Units Below Grade true
Units In Building Total 3
Utilities Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Wood
Water Source Public
Building Area Total 2820
Country US
High School District Seattle
MLS Area Major 710 - North Seattle
View Mountain(s), Territorial
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction See Remarks
Effective Year Built Source See Remarks
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Multi-Family
Power Production Type Electric, Natural Gas, Wood
Preliminary Title Ordered yes
Site Features Cable TV, Deck, Gas Available, High Speed Internet, Patio
Year Built Effective 2001
Cap Rate 6.48
Gross Adjusted Income 96927
Gross Rent Multiplier 13.84
Gross Scheduled Income 108000
Insurance Expense 1200
Leasable Area 2820
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 92080
Possession Closing
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 9873
Tax Year 2022
Total Expenses 11073
Total Monthly Income 9000
Vacancy Rate 5

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5226 19th Avenue NE Seattle, WA 98105

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Active Listing courtesy of Madison Partners Real Estate
Active Listing courtesy of Madison Partners Real Estate
Active Listing courtesy of Madison Partners Real Estate
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