315 Belmont Avenue E

Seattle, Washington WA98102

The Thunderbird Apartments are a wonderfully maintained 16-unit apartment complex in Seattle's Capitol Hill neighborhood. The complex features 16 townhouse/loft style units. 15 of the 16 units feature in-suite washers and dryers. The complex has been lovingly maintained by the current owner. All units have been renovate, the interior hallways were freshly painted in 2022 as well as the entire exterior of the complex. Secure access to both the apartments and parking garage is something the tenants love.

About This Property

Listing ID2002149
SqFt 10,088
Acres 0.165
SubdivisionCapitol Hill
Year Built1965
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Capitol Hill
Year Built 1965
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Wall
Living Area Units Square Feet
Stories Total 2
Covered Spaces 10
Elevation Units Feet
Exterior Features Wood
Lot Size Square Feet 7200
Lot Size Units Square Feet
MLS Lot Size Source King County
Number Of Units Total 16
Open Parking Spaces 3
Parking Total 13
Parking Uncovered Spaces 3
Roof Composition
Sewer Sewer Connected
Structure Type Multi Family
Style Code 56 - 10+ Units
Units Below Grade false
Units In Building Total 16
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 19338
Building Area Total 10088
Country US
High School District Seattle
MLS Area Major 390 - Central Seattle
Waterfront no
Mls Status Active
Offers Seller intends to review offers upon receipt
Power Production Type Electric
Preliminary Title Ordered yes
Cap Rate 4
Electric Expense 2992
Gross Adjusted Income 344486
Gross Rent Multiplier 17.2
Gross Scheduled Income 354480
Insurance Expense 10939
Leasable Area 10088
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 228523
Other Expense 37832
Possession Tenant's Rights
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 44862
Tax Year 2022
Total Expenses 115963
Total Monthly Income 29540
Vacancy Rate 3

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315 Belmont Avenue E Seattle, WA 98102

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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: Friday, December 2nd, 2022 10:40:23 AM.
Active Listing courtesy of Capstone Commercial
Active Listing courtesy of Capstone Commercial
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