5403 Maynard Avenue S, Seattle, WA 98108

$1,450,000

Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,450,000
Status
ACTIVE
MLS#
2190431
Days on Market
238
Annual Tax Ammount
8590
Internet Provider
Comcast

Property Description

Zoned land: IG2 U/85. Commercial/Office/residential: Single family home with 3 private offices/Bedrooms, reception/formal dining, full basement with outside entrance for storage. Single family home on 10,000 sq. foot Commercial zoned lot. Refurbished & remodeled. It's an amazing farmhouse (built in the early 1900's) in the heart of Georgetown. Historical meets industrial with a great twist. Off street parking for up to 8+ cars. 910 Sq. feet main floor, 910 Sq. feet basement & 430 Sq. Feet upstairs. Ideal for high tech/flex, office or live/work. Two separate tax parcels (Keep home and build on 5,000 sq. foot zoned lot?).

Additional Information

Community
Georgetown
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
1900
# of Assigned Spaces
10
Roof
Composition
Tax Year
2024
Potential Terms
Cash Out, Conventional
Interior Features
Hardwood, Wall to Wall Carpet
Flooring
Hardwood, Vinyl, Carpet
Driving Directions
I-5. Take Michigan Street exist (Exit #161/162). Turn right on Michigan, turn left on 4th Avenue South, go 7 blocks, turn right on S. Brandon Street then in 3 blocks, turn right on Maynard Ave S.
Other Expenses
1600
Energy Source
Natural Gas
Buyer Agency Compensation
2.5
Net Operating Income
$25,210
Gross Scheduled Income
$37,500
Water/Sewer/Garbage Expenses
$600
Cap Rate
1.7000000000000002
Total Expenses
$12,290
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