Pending
$1,600,000
Price
3,888
SqFt
3,888
SqFt
5208 18th Avenue NE
Seattle, Washington WA98105
Beautiful Clinker Craftsman is giant UW Duplex + guest quarters. Market rents $10,600/m, 5 yr $rent info avail. *Sweet Seller Terms* 25% Down, 5.50% Interest Only for 10 yrs, large pre pay penalty 1st 5 yrs / zero pre pay pen 2nd 5 yrs, seeking win win 5-10+ year banking relationship. Rare find fine home cash flow, architectural aficionados delight: projecting pergola, dual stairs porch, big bays & box beams, heavy moldings & much more. Apt A 8-BR (Main & 2nd flr) 1st time vacant in 20 yrs so please preview, renovations just completed. Apt B 1140 sqft 2-BR w/ 9 ft ceilings, easy to frame in 12th BR. Studio Apt C added 2005. B & C leased Aug 31st. Ask your broker for info flyer & please visit vacant leaded glass 8-BR, this one really sings!
About This Property
Listing ID2024174
Price$1,600,000
StatusPending
SqFt
3,888
Acres
0.099
CountyKing
SubdivisionUniversity District
Year Built1912
Property TypeResidential Income
Property Sub TypeMulti-Family
County
King
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
University District
Year Built
1912
Building Area Units
Square Feet
Flooring
Ceramic Tile, Hardwood, Carpet
Furnished
Unfurnished
Heating Cooling Type
Forced Air
Interior Features
Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
Living Area Units
Square Feet
Stories Total
4
Carport Spaces
2
Elevation Units
Feet
Exterior Features
Wood
Foundation Details
Poured Concrete
Lot Features
Alley, Curbs, Paved, Sidewalk
Lot Size Dimensions
40 x 108
Lot Size Square Feet
4320
Lot Size Units
Square Feet
MLS Lot Size Source
Realist
Number Of Units Total
3
Open Parking Spaces
2
Parking Features
RV Parking
Parking Total
4
Parking Uncovered Spaces
2
Roof
Composition
Sewer
Sewer Connected
Sewer Company
Seattle
Structure Type
Triplex
Style Code
53 - Tri-plex
Units Below Grade
true
Units In Building Total
3
Water Company
Seattle
Water Source
Public
Building Area Total
3888
Building Name
University Park
Country
US
High School District
Seattle
MLS Area Major
710 - North Seattle
View
Mountain(s), Territorial
Waterfront
no
Zoning Jurisdiction
City
Amenities
Basement,See Remarks,Storage
Effective Year Built Source
Public Records
First Right Of Refusal
no
Mls Status
Pending Inspection
Offers
Seller intends to review offers upon receipt
Power Company
Seattle
Power Production Type
Natural Gas
Preliminary Title Ordered
yes
Property Condition
Very Good
Show Map Link
yes
Site Features
Fenced-Partially, Gas Available, High Speed Internet, RV Parking
Year Built Effective
1912
Cap Rate
6.5
Gross Adjusted Income
115800
Gross Rent Multiplier
13.8
Gross Scheduled Income
115800
Insurance Expense
1608
Leasable Area
3860
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
103440
Possession
Closing, Tenant's Rights
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
10752
Tax Year
2022
Total Expenses
12360
Total Monthly Income
2550
Schedule a Showing - Listing ID 2024174
Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.
For more immediate assistance, please call WPI Real Estate at 206.522.8172.
5208 18th Avenue NE Seattle, WA 98105
Browse Similar Listings
Similar Listings
Data services provided by IDX Broker
