6513 NE 4th Avenue NE, Seattle, WA 98115

$2,690,000
5,364
SqFt

Listing courtesy of Keller Williams North Seattle.

List Price
$2,690,000
Status
ACTIVE
MLS#
2016961
Days on Market
173
Style
55 - 5-9 Units
Finished SqFt
5,364
Area Total SqFt
5364
Annual Tax Ammount
18173
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

4th on Greenlake is a unique opportunity to own two neighboring multifamily properties (MLS#2016960 combined with MLS#2016961) with 12 units total in the highly sought after Greenlake neighborhood. Most units fully renovated with brand new cabinets and countertops, real hardwood floors and commanding floor-to-ceiling wood burning fireplace. Situated right on transit lines and 5 blocks from light rail. 4th on Greenlake provides the ideal opportunity to acquire an ideally located asset poised to capitalize on Seattle ever-expanding tenant base.

Additional Information

List Date
2022-08-19 21:36:10
Community
Green Lake
Net Operating Income
$120,180
Gross Adjusted Income
$156,180
Gross Scheduled Income
$164,400
Total Monthly Income
$13,700
Insurance Expenses
$2,877
Water/Sewer/Garbage Expenses
$8,671
Total Expenses
$36,000
Cap Rate
4
Vacancy Rate
4
Total Number of Units
6
Unit Name
6513
Potential Terms
Conventional
Year Built
1964
Roof
Flat
Heating/Cooling Type
Central A/C
Electric Expenses
2641
Other Expenses
3638
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$13,700
Gross Scheduled Income
$164,400
Vacancy Rate
4
Gross Adjusted Income
$156,180
Tax Year
2022
Insurance Expense
$2,877
W/S/G Expenses
$8,671
Total Expenses
$36,000
Net Operating Income
$120,180
Cap Rate
4
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