Broker Candice

2315 W Lynn St, Seattle, WA 98199 (MLS # 1437129)

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Listing provided by Paragon Real Estate Advisors

PRICE $1,800,000
BEDS 5
BATHS 6 baths
HOME SIZE 4,382 sq ft
LOT SIZE 4,000 sqft

7-unit (including one non-conforming unit) building located in the Magnolia neighborhood of Seattle. First time on the market in 20+ years. Building offers secured access entry, private decks or patios, quick access to the downtown CBD and SLU neighborhoods and covered on-site parking. Select units have views of Elliott Bay. This is an excellent reposition opportunity.

DAYS ON MARKET 16 LAST UPDATED 4/9/2019
YEAR BUILT 1970 COMMUNITY Magnolia
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Seattle


ADDITIONAL DETAILS
ANNUAL TAXES 13957
APN 2771603445
AREA 700 - Queen Anne/Magno
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 1.00, 1.00
BATHROOMS6 1.00, 1.00
BEDROOMS1 0
BEDROOMS2 1
BEDROOMS3 1
BEDROOMS4 1
BEDROOMS5 1
BEDROOMS6 1
CAP RATE (NOI / LP) 4.90
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
DISHWASHER5 Y
DISHWASHER6 Y
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Wood, Wood Products
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 125338
GROSS RENT MULTIPLIER 13
GROSS SCHEDULED INCOME 130560
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 1905
LEASED ITEMS None
NET OPERATING INCOME 88077
OFFERS Reviewed on receipt
OTHER EXPENSES 12702
POSSESION Closing, Sub. Tenant's Rights
POTENTIAL TERMS Cash Out
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
RANGE/OVEN6 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
REFRIGERATOR6 Y
ROOF Flat
SEWER Sewer Connected
SQUARE FEET UNIT 1 500
SQUARE FEET UNIT 2 647
SQUARE FEET UNIT 3 647
SQUARE FEET UNIT 4 647
SQUARE FEET UNIT 5 647
SQUARE FEET UNIT 6 647
STYLE 55 - 5-9 Units
TAX YEAR 2018
TOTAL EXPENSES 37261
TOTAL MONTHLY INCOME 10880
TOTAL NUMBER OF PARKING SPACES 7
UNITS BELOW GRADE N
VACANCY RATE 4
WASHER/DRYER1 N
WASHER/DRYER2 N
WASHER/DRYER3 N
WASHER/DRYER4 N
WASHER/DRYER5 N
WASHER/DRYER6 N
Listing provided by Paragon Real Estate Advisors

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by RE/MAX Junction and should be verified by the buyer.
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ZESTIMATE
2315 W Lynn St, Seattle, WA

RENT ZESTIMATE
$ / mo.  2315 W Lynn St, Seattle, WA

50 Car-Dependent



 
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