(Drive By Only - Tenants moved in Aug 29th). Prime UW Rental House on Seattle's Greek Row, 12 Bedroom + grand commons. All vacant: brokers may show daily. Market Cap Rate 6.9 based on 12 x 940, 12 x 80 util internet, 2 x 80 parking = 12,400/m market income. Property currently leased Aug 29th, 2022 - Aug 31st, 2023 @ $7100/m, excellent tenants w/ co-signers, residents pay all util's. Total renovation 2005 incl: basement & top floors are 2005 construction, 100% new water from street & inside, 100% romex 2005/ large panel 200 amp, sewer upgraded w/ liner, gas boiler & radiators pro serviced June 2022, etc.
HOA
No HOA
On market
6 months
Year built
1908
Property type
Residential Income
Parking
2
MLS
1985380
Price / Sq.Ft.
$393 / ft2
Buyer’s Brokerage Commission
2.5%