315 12th Avenue E, Seattle, WA 98102
- $1,950,000
- 4,587
- SqFt
Listing courtesy of Real Property Associates.
- List Price
- $1,950,000
- Status
- PENDING FEASIBILITY
- MLS#
- 2216098
- Days on Market
- 174
- Style
- 55 - 5-9 Units
- Building Condition
- Fair
- Finished SqFt
- 4,587
- Area Total SqFt
- 4587
- Annual Tax Ammount
- 19139
- Lot Size (sq ft)
- 5,994
- Sewer
- Sewer Connected
Property Description
Stately, classic brick six unit apartment building, with stunning original brickwork, terra cotta details and parapet wall, in prime location on Capital Hill. Rarely vacant, each unit is a large one bedroom with hardwood floors, living/dining rooms, and other vintage features. Six car carport off driveway on the west side of the building, common secure entry, and all units above grade. Walk Score of 98, just two blocks to Broadway and three to Link Light Rail. 5,994' lot with Mid Rise zoning (MR-M1). Full basement with large storage area and common laundry. Views of Seattle from this prime time location.
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Additional Information
- List Date
- 2023-11-06 22:32:09
- Community
- North Capitol Hill
- Net Operating Income
- $83,909
- Gross Adjusted Income
- $124,800
- Gross Scheduled Income
- $122,520
- Total Monthly Income
- $10,597
- Insurance Expenses
- $5,087
- Water/Sewer/Garbage Expenses
- $9,767
- Gross Rent Multiplier
- 15.63
- Total Expenses
- $40,891
- Cap Rate
- 4.3
- Vacancy Rate
- 3
- Total Number of Units
- 6
- Unit Name
- 315
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1928
- View
- City
- Roof
- Torch Down
- Electric Expenses
- 300
- Energy Source
- Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $10,597
- Gross Scheduled Income
- $122,520
- Vacancy Rate
- 3
- Gross Adjusted Income
- $124,800
- Tax Year
- 2023
- Insurance Expense
- $5,087
- W/S/G Expenses
- $9,767
- Total Expenses
- $40,891
- Net Operating Income
- $83,909
- Gross Rent Multiplier
- 15.63
- Cap Rate
- 4.3
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