1512 12th Avenue S, Seattle, WA 98144
- $2,095,000
- 3,377
- SqFt
Listing courtesy of Paragon Real Estate Advisors.
- List Price
- $2,095,000
- Status
- ACTIVE
- MLS#
- 2249998
- Price Change
- ▼ $300,000 1722045183
- Days on Market
- 100
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,377
- Area Total SqFt
- 3377
- Annual Tax Ammount
- 8204
- Lot Size (sq ft)
- 3,497
- Sewer
- Sewer Connected
Property Description
The property has received its certification of occupancy and 5 of the 7 units are leased. The building features a unique mix of units: one 3-bedroom/1-bath unit with ADA accessibility and an attached secure garage, two 1-bedroom/1-bath units, and four Loft SEDU units. Each unit is designed with LVP flooring, quartz countertops, stainless steel appliances, dishwashers, and high-end kitchen and bathroom vanities.
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Additional Information
- List Date
- 2024-06-10 20:44:08
- Community
- N Beacon Hill
- Net Operating Income
- $124,829
- Gross Adjusted Income
- $152,133
- Gross Scheduled Income
- $160,140
- Total Monthly Income
- $13,345
- Insurance Expenses
- $5,000
- Water/Sewer/Garbage Expenses
- $7,000
- Gross Rent Multiplier
- 13.08
- Total Expenses
- $27,304
- Cap Rate
- 5.96
- Vacancy Rate
- 5
- Total Number of Units
- 7
- Unit Name
- 1512
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2024
- Roof
- Built-Up
- Other Expenses
- 7100
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $13,345
- Gross Scheduled Income
- $160,140
- Vacancy Rate
- 5
- Gross Adjusted Income
- $152,133
- Tax Year
- 2024
- Insurance Expense
- $5,000
- W/S/G Expenses
- $7,000
- Total Expenses
- $27,304
- Net Operating Income
- $124,829
- Gross Rent Multiplier
- 13.08
- Cap Rate
- 5.96
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.