200 27th Avenue S, Seattle, WA 98144

$1,300,000
3,900
SqFt

Listing courtesy of Windermere Real Estate Midtown.

List Price
$1,300,000
Status
ACTIVE
MLS#
2219644
Days on Market
35
Style
55 - 5-9 Units
Finished SqFt
3,900
Area Total SqFt
3900
Annual Tax Ammount
12808
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

Opportunity awaits in this amazing location in the Central District/Judkins! 5000SF Lot Zoned LR2 (M). Rental income while you execute your vision. Just blocks to great restaurants, coffee, shops, amenities, parks, commutes, etc. Residents cherish the convenient, central location & quiet street. Off-street parking. Value in land! Current rents are below market.

Additional Information

List Date
2024-04-07 01:02:08
Community
Judkins
Net Operating Income
$19,398
Gross Adjusted Income
$51,240
Gross Scheduled Income
$51,240
Total Monthly Income
$6,470
Insurance Expenses
$7,118
Water/Sewer/Garbage Expenses
$7,012
Gross Rent Multiplier
25.37
Total Expenses
$31,842
Cap Rate
1.5
Vacancy Rate
20
Total Number of Units
5
Unit Name
200
Potential Terms
Cash Out, Conventional
Year Built
1900
View
Territorial
Roof
Flat
Site Features
Cable TV, Fenced-Partially
Electric Expenses
478
Other Expenses
4426
Energy Source
Electric
School District
Seattle
Total Monthly Income
$6,470
Gross Scheduled Income
$51,240
Vacancy Rate
20
Gross Adjusted Income
$51,240
Tax Year
2023
Insurance Expense
$7,118
W/S/G Expenses
$7,012
Total Expenses
$31,842
Net Operating Income
$19,398
Gross Rent Multiplier
25.37
Cap Rate
1.5
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