Ravenna Hillside Apartments

Multi-Family

5219 22nd Ave NE, SeattleWA 98105-0

Property Details

Location

Address
5219 22nd Ave NE, SeattleWA 98105-0
County
King
Submarket
CBA U-District
Parcels
7174800430

Building Size

Building Size
3,810 SF
Residential Space
3,685 SF
Rentable Space
3,685 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
4
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
3
Year Built
1914
Sprinklers
No
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.12 Acres
Land (SF)
5,227 SF
Rail Service
No
Zoning
L3
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

$1,950,000
Cap Rate: 5.36%

Craftsman style Fourplex, located within three blocks of the University of Washington. This building produces $11,390 of monthly income! It's hard to find properties in the city of Seattle that produces returns like this on initial investment. What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. Rent for these 4 bedrooms bring in $4100 and $4000 a month alone, which includes a 7% increase in rents from the previous year 2019.

The building is well maintained, making it simple to operate or manage

with pride of ownership. Built in 1914 this Craftsman style 4 unit has Two 4

bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio

with updated bathroom and kitchen. Tax iD #: 7174800430

Craftsman style Fourplex, located within three blocks of the University of Washington. This building produces $11,390 of monthly income! It's hard to find properties in the city of Seattle that produces returns like this on initial investment. What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. Rent for these 4 bedrooms bring in $4100 and $4000 a month alone, which includes a 7% increase in rents from the previous year 2019.

The building is well maintained, making it simple to operate or manage

with pride of ownership. Built in 1914 this Craftsman style 4 unit has Two 4

bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio

with updated bathroom and kitchen. Tax iD #: 7174800430

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

©Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Catylist Real Estate Software, Inc. does not assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.