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caroline bouvier

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206.650.0431
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Listing 17 out of 96
$2,050,900 For Sale

1200 5th Ave N
Seattle, WA 98109

5 units | Multi Family Home
5001 sq ft lot - MLS# 1496558 Courtesy of GPlus-Realty
Property Photo
1/9

Description

Investors/Developers attention 5-9 plex - 5000 sf, L-3 zoned corner lot with 5 unit view bldg. Huge upside potential. Neighbor just build a new multi- family w/5 townhomes + 2 attached garages. Increase income & appal w/small changes; remodel kitchens/redevelop property to significantly raise income.Possible additional unit. Hardwood floors, spacious rooms, carpets most units, Storage locker for each unit. Some views from units 1, 3 &5. Close to Gates Foundation, Lake Union City Center.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: King County
  • Zip Code: 98109
  • Year Built: 1958
  • School District: Seattle
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 2,928 sq ft
  • Units: 5 units
  • Garage: 2-Car
  • # of Parking Spaces: 2, 4
  • Lot Size: 5001 sq ft lot
  • Area: Queen Anne
  • Amenities: Basement, Coin Op Laundry
  • Area Number: 700
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 2
  • Building Condition: Good
  • Cap Rate - NOI div LP: 3.05
  • Electrical Expenses: $293
  • Energy Source(heat): Electric, Natural Gas
  • Exterior: Brick, Wood
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Scheduled Income: $85800
  • Heating/Cooling: Baseboard, Radiator
  • Insurance Expenses: $3679
  • Leased Items: Washer/Dryer
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 2
  • Rent Unit 1: $980
  • Rent Unit 2: $1400
  • Rent Unit 3: $1300
  • Rent Unit 4: $1300
  • Rent Unit 5: $1680
  • Roof: Flat, Torch Down
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, RV Parking
  • Total Expenses: $23150, $23150
  • Total Garage Capacity: 2
  • Total Monthly Income: $7150
  • Water Company: Seattle
  • Water Source: Public
  • Water/Sewer/Garbage: 6010
Courtesy of GPlus-Realty
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Bouvier Realty Group are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-23

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caroline bouvier | 206.650.0431 | contact me
33313 1st Way S - Federal Way, WA 98003
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