93 E Boston Street

Seattle, Washington WA98102

Well-located at the corner of Yale Ave E and E Boston Street in the Eastlake neighborhood, this property at 93 E Boston is ready for the vision of new owner-ship. On the market for the first time in decades, this 7-unit apartment building is comprised of (1) one top floor penthouse unit, (4) four two-bedroom one-bath units, and (2) two studio units. The building was originally constructed in 1951, and a top floor penthouse unit was added in 1968. Heating for units is radiant supplied by a common gas boiler. Laundry for all but the penthouse unit is common coin-op in the basement. Plentiful off-street parking is provided by (4) four garages, and (2) two tandem carports.

About This Property

Listing ID2046256
SqFt 5,753
Acres 0.152
Year Built1951
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Eastlake
Year Built 1951
Building Area Units Square Feet
Furnished Unfurnished
Living Area Units Square Feet
Stories Total 4
Carport Spaces 2
Covered Spaces 4
Elevation Units Feet
Exterior Features Brick, Wood
Lot Features Corner Lot, Paved, Sidewalk
Lot Size Square Feet 6600
Lot Size Units Square Feet
MLS Lot Size Source King County Assessor
Number Of Units Total 7
Parking Total 6
Roof Flat
Sewer Sewer Connected
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade true
Units In Building Total 7
Water Sewer Garbage 7200
Building Area Total 5753
Country US
High School District Seattle
MLS Area Major 390 - Central Seattle
View City, Lake, Mountain(s)
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
Amenities Coin Op Laundry,Storage
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
Preliminary Title Ordered yes
Cap Rate 0.12
Electric Expense 750
Fuel Expense 6600
Gross Adjusted Income 48636
Gross Rent Multiplier 48
Gross Scheduled Income 48636
Insurance Expense 2500
Leasable Area 5755
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 2513
Other Expense 7400
Possession Closing
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 21673
Tax Year 2023
Total Expenses 46123
Total Monthly Income 17810

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93 E Boston Street 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. © 2023 NWMLS. All rights reserved. Data last updated: Sunday, March 26th, 2023 07:14:44 AM.
Active Listing courtesy of Westlake Associates, Inc.
Active Listing courtesy of Westlake Associates, Inc.
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