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242 32nd Ave Seattle WA 98122
Listing #: 642733 | Status: Available | Last Modified: 11/15/2021
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 87,600 |
Vacancy Factor % | 3.00% |
Operating Expenses | 20,061 |
Net Operating Income | 64,911 |
CAP Rate | 1.23 % |
GRM | 19.32 |
Annual Expense Information | |
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Expense Year | 2020 |
Real Estate Taxes | $ 11,256 |
+Personal Prop Taxes | $ 0 |
+Account/Legal | $ 0 |
+Advertising | $ 0 |
+Insurance | $ 1,268 |
+Electricity | $ 0 |
+Water/Sewer | $ 4,437 |
+Trash | $ 0 |
+Prof. Mgr | $ 0 |
+Res. Mgr | $ 0 |
+Maintenance | $ 3,100 |
+Supplies | $ 0 |
+Other Expenses | $ 0 |
=Total Exp. | $ 20,061 |
Reserves | $ 0 |
Annual Operating Information | |
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Gross Sch Rents | $ 82,800.00 |
Vacancy $ | $ 2,628.00 |
Vacancy % | 0.00% |
+Laundry Income | $ 900 |
+Advertising | $ 0 |
+Parking Income | $ 0 |
+Other Income | $ 3,900 |
=Effective Gross | $ 84,972 |
-Total Expenses | $ 20,061 |
=NOI | $ 64,911 |
Financial Summary | |
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CAP Rate | 1.234 |
GRM | $ 19.32 |
$/SF/YR | $ 0.00 |
$/Unit | $ 400,000.00 |
Expense/Unit | $ 5,015.25 |
Asset Class Information | |
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# Units | 4 |
Beds/Baths | 1Bed/1Bath |
Avg SqFT | 720 |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 2 |
# of Units | 4 |
Total Building SF | 2,756 SF |
Net Rentable Area | 2,756 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 5,520 SF |
Acres | 0.13 |
Year Built | 1907 |
Roof Type | Flat |
Construction Type | Framed, Wood |
Property Type | |
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Property Type | Multi-Family |
Investment | Yes |
Location | |
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County | King |
Vicinity | Leschi |
Location Description | Near Leschi Elementary |
Market Area | Capitol Hill/First Hill |
Tax ID # | 786170000 |
Zoning | SF 5000 |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 0 |
Total Parking Spots | 0 |
Tenants unaware of sale - Please do not disturb Tenants. Showings by appointment only. Contact Listing Agent.
This fourplex is a timeless building with light filled units on a quiet street in one of Seattleās most desirable neighborhoods. The units have high ceilings with beautiful bay windows in living and dining rooms. The units have beautiful old-world charm, original wood detail, hardwood floors and claw foot tubs. The original large pocket doors separate the living room and dining rooms which offer flexible living quarters for potential roommate situations with both front and back door entrances. The units are spacious with separation from neighbors, ideal for working from home. All have designated storage closets located outside their back doors that would be perfect for adding individual laundry. The building is already four separate tax parcels for an easy condo conversion in the future.
Super rare 1907 4plex built in a residential neighborhood. One block to Leschi Elementary. Spacious units. Some updates with period fixtures and hardwood floors. All four units laid out the same with grand central staircase. Two off-street parking spaces
Condo
Leschi 4-Plex
242 32nd Ave Seattle WA 98122
Listing #: 642733 | Status: Available | Listing Date: 8/17/2021 | Last Modified: 11/15/2021 | Email Listing