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.
Listing ID2046256
Price$2,375,000
StatusActive
SqFt
5,753
Acres
0.152
CountyKing
SubdivisionEastlake
Year Built1951
Property TypeResidential Income
Property Sub TypeMulti-Family
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
Show Map Link
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
93 E Boston Street Seattle, WA 98102
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.
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Active Listing courtesy of Westlake Associates, Inc.
Listing sold by
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Active Listing courtesy of Westlake Associates, Inc.
Listing sold by