900 E Prospect St

    Seattle, WA 98102
    • $5,650,000
    • STATUS: Pending
    • ON SITE: 66 days
    • ID#: 1328314
    Under Contract
    UPDATED: 51 min ago
    $5,650,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,450
      SQFT
    • $598
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    21 unit garden style apartment community in a premier high-end residential neighborhood. Building boasts gated entry with charming central courtyard. Attractive two-story building with brick and stone faade and on-site parking with space for 10. Excellent portfolio property with potential to add space and raise below market rents (buyer to verify).

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T13:17:14.093.

    www.homesonthesound.com/homes/85789611

    900 E Prospect St Seattle, WA 98102

    • Price: $5,650,000
    • Status: Pending
    • Updated: 51 min ago
    • ID#: 1328314
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    9,450
    SQFT
    $598
    $/SQFT
    1955
    Built
    Neighborhood:
    North Capitol Hill
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    School District:
    Seattle
    Property Description
    21 unit garden style apartment community in a premier high-end residential neighborhood. Building boasts gated entry with charming central courtyard. Attractive two-story building with brick and stone faade and on-site parking with space for 10. Excellent portfolio property with potential to add space and raise below market rents (buyer to verify).
    Exterior Features

    Carport Spaces 0 Exterior Brick Foundation Poured Concrete Garage Spaces 0 Roof Flat Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 10 Uncovered Spaces 10

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 425 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 425 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 425 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 425 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 425 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 425 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities BasementCoin Op LaundryStorage Bank Owned No Cap Rate 4.08 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 337847 Gross Rent Multiplier 16 Gross Scheduled Income 344742 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4583 Leased Items None Net Operating Income 230739 New Construction YN No Other Expenses 42114 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 41098 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 107108 Total Expenses TEX 107108 Total Monthly Income 28729 Unit1 Monthly Rent 1115 Unit2 Monthly Rent 1225 Unit3 Monthly Rent 1125 Unit4 Monthly Rent 1225 Unit5 Monthly Rent 1300 Unit6 Monthly Rent 1160 Vacancy Rate 2 Water Sewer Garbage 19313 Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T13:17:14.093.

     
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    Listing Courtesy of Paragon Real Estate Advisors.