Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing Tenant's Rights
Roof See Remarks
Exterior Features Metal/Vinyl
HOA 0
Year Built 1968
View Territorial
Property SubType Multi-Family
Tax Year 2024
Building Name Gilmans Addition
County King
Net Operating Income 102538
Insurance Expense 4897
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Magnolia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From W Dravus ST turn North on 20th Ave W. 6-unit building on west side of street. Access the 7th unit (house) on opposite side of structure off of 21st AVE W.
High School Ballard High
City Seattle
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 10
Total Units 8
MLS Area 700 - Queen Anne/Magnolia
Lot Size Square Feet 7650
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 21st
Listing Terms Cash Out Conventional
Elementary School Magnolia Elementary
Tax Annual Amount 18621
Electric Expense 851
Fuel Expense 0
Middle/Junior High School Mc Clure Mid
Property Condition Good
Public Remarks Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in th
Leasable Area 5271
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company SPU
Units Below Grade false
Units In Building Total 7
Zoning Class Multi-Family
Water Sewer Garbage 15872
Property Style 55 - 5-9 Units
Cap Rate 5.1
AFH 204