$1,750,000 Price Analysis    ♡   Seattle, WA 98103 Unknown bed None bath 5,412 SqFt ($323/SqFt) 5,125SqFt lot. Built 1995 Listed 2024-04-15, Taxes $14,825 | Ⓧ USDA Ineligible due to price & location near Seattle |
Well maintained and professionally managed 6-unit apartment north of Green Lake.
The building was originally constructed in 1995, with updating in 2008, also as units turnover. Large underground secured parking garage. Three large 2-bedrom units, two 1-bedroom units and a studio apartment in basement. Contemporary fence in rear yard and fresh bark. 100% leased with 1-unit vacating at end of April.
Interior common corridors, wall to wall carpet with mostly white appliance packages and laminate flooring. Some units have newer LVP flooring and other updates. No interior showings until contract agreement, google the address and rental listing will show up to view inside of the upcoming vacant unit. Mrket Rates over a 5.1% Cap, With Renovatio ns 7.0%+
Presented by Jeff Totzek at
The Remlinger Group.
Property MLS #2223678 from NWMLS
Laminate
Laminate Hardwood
Flooring: Laminate, Laminate Hardwood
Laminate Hardwood
Flooring: Laminate, Laminate Hardwood
Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes
Heating Fuel: Electric
Heating: Yes
Wood Products
Covered Spaces: 6
Parking Total: 6
Garage Sqft: 1500
Parking Total: 6
Garage Sqft: 1500
Lot Description: Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.1176538
Lot Size Dimensions: 47x101
Lot Size Square Feet: 5125
Lot Size Acres: 0.1176538
Lot Size Dimensions: 47x101
Lot Size Square Feet: 5125
Basement
Storage
Storage
Gross Scheduled Income: 113676
Leasable Area: 5412
Leasable Area Units: Square Feet
Leasable Area: 5412
Leasable Area Units: Square Feet
Number of Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 6
Unit-1 Square Feet: 531
Unit-2 Square Feet: 450
Unit-3 Square Feet: 531
Unit-4 Square Feet: 1300
Unit-5 Square Feet: 1300
Unit-6 Square Feet: 1300
Unit 1 Total Actual Rent: 1575
Unit 2 Total Actual Rent: 1315
Unit 3 Total Actual Rent: 1302
Unit 4 Total Actual Rent: 1775
Unit 5 Total Actual Rent: 1645
Unit 6 Total Actual Rent: 1525
Bedrooms in Unit-1: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 6
Unit-1 Square Feet: 531
Unit-2 Square Feet: 450
Unit-3 Square Feet: 531
Unit-4 Square Feet: 1300
Unit-5 Square Feet: 1300
Unit-6 Square Feet: 1300
Unit 1 Total Actual Rent: 1575
Unit 2 Total Actual Rent: 1315
Unit 3 Total Actual Rent: 1302
Unit 4 Total Actual Rent: 1775
Unit 5 Total Actual Rent: 1645
Unit 6 Total Actual Rent: 1525
High School District: Seattle
Robert Eagle Staff Middle School is a public middle school located approximately 0.2 miles away.
Map directions
Map directionsDaniel Bagley Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsIngraham High School is a public high school located approximately 2.3 miles away.
Map directions
Map directionsBishop Blanchet High School is a private high school located approximately 0.4 miles away.
Map directions
Map directionsCalculated Total Monthly Association Fees: 0
Annual Tax Amount: 15651
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 3.78
Directions: From Aurora turn east on N 90th St or N 88th Street. Then turn on Nesbit. Subject is mid-block on east side of street.
Tax Year: 2024
Other Expense: 16256
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1500
Area: 705 - Ballard/Greenlake
List Development Name: Licton Springs
Source Neighborhood: Licton Springs
Parcel Number: 0993000425
Street Suffix Modifier: Avenue
Subdivision: Licton Springs
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.0
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 3.78
Directions: From Aurora turn east on N 90th St or N 88th Street. Then turn on Nesbit. Subject is mid-block on east side of street.
Tax Year: 2024
Other Expense: 16256
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1500
Area: 705 - Ballard/Greenlake
List Development Name: Licton Springs
Source Neighborhood: Licton Springs
Parcel Number: 0993000425
Street Suffix Modifier: Avenue
Subdivision: Licton Springs
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.0
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $816,500 + $922,500 $1,739,000 | $14,825 |
| 2022 | $606,500 + $922,500 $1,529,000 | $14,167 |
| 2021 | $747,500 + $922,500 $1,670,000 | $16,173 |
| 2020 | $733,500 + $922,500 $1,656,000 | $15,865 |
| 2019 | $711,900 + $743,100 $1,455,000 | $12,592 |
| 2018 | $757,000 + $615,000 $1,372,000 | $13,622 |
| 2017 | $886,800 + $461,200 $1,348,000 | $12,925 |
| 2016 | $723,400 + $435,600 $1,159,000 | $11,414 |
| 2015 | $570,000 + $410,000 $980,000 | $9,384 |
| 2014 | $523,000 + $410,000 $933,000 | $9,866 |
| 2013 | $352,000 + $410,000 $762,000 | $8,249 |
| 2012 | $284,400 + $435,600 $720,000 | $7,849 |
| 2011 | $402,400 + $435,600 $838,000 | $7,157 |
| 2009 | $546,700 + $384,300 $931,000 | $7,621 |
| 2007 | $446,300 + $358,700 $805,000 | $7,337 |
Price Changed 2024-07-08
$1,750,000
NWMLS
Price Changed 2024-05-01
$1,850,000
NWMLS
Listed 2024-04-15
$2,000,000
NWMLS
Listing removed 2018-10-19
$1,100
ShowMojo
Listed for rent 2018-10-06
$1,100
ShowMojo
Listing removed 2018-10-05
$1,350
ShowMojo
Listed for rent 2018-09-11
$1,350
ShowMojo
Sold 2004-09-15
$650,000
Public Record
Sold 1994-08-02
$120,000
Public Record
Sold 1989-09-07
$79,000
Public Record
$1,750,000
NWMLS
Price Changed 2024-05-01
$1,850,000
NWMLS
Listed 2024-04-15
$2,000,000
NWMLS
Listing removed 2018-10-19
$1,100
ShowMojo
Listed for rent 2018-10-06
$1,100
ShowMojo
Listing removed 2018-10-05
$1,350
ShowMojo
Listed for rent 2018-09-11
$1,350
ShowMojo
Sold 2004-09-15
$650,000
Public Record
Sold 1994-08-02
$120,000
Public Record
Sold 1989-09-07
$79,000
Public Record
Net Operating Income: 69904
Operating Expense: 40362
Operating Expense: 40362
Electric Expense: 807
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Total: 5412
Building Area Units: Square Feet
Building Name: BOULEVARD PLACE ADD
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 29
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 2008
Building Area Units: Square Feet
Building Name: BOULEVARD PLACE ADD
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 29
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
Year Built Effective: 2008
Security Features: PartiallyFenced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.