1544 NW 52nd St

    Seattle, WA 98107
    • $1,850,000
    • STATUS: Pending
    • ON SITE: 53 days
    • ID#: 1300913
    Under Contract
    UPDATED: 44 min ago
    $1,850,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,265
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    Existing 4,539 square foot 5 unit apartment building generates income and has the potential to increase rents. 6,000 square foot lot zoned LR3 located in the heart of the Ballard Hub Urban Village. HALA proposed up-zone to MR with 80' height limits. Development opportunities include townhouses, condos, apartments or SEDU's.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-07-22T08:15:30.27.

    www.resg.com/homes/84034739

    1544 NW 52nd St Seattle, WA 98107

    • Price: $1,850,000
    • Status: Pending
    • Updated: 44 min ago
    • ID#: 1300913
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,265
    SQFT
    $351
    $/SQFT
    1906
    Built
    Neighborhood:
    Ballard
    County:
    King
    Area:
    Ballard/Greenlake
    School District:
    Seattle
    Property Description
    Existing 4,539 square foot 5 unit apartment building generates income and has the potential to increase rents. 6,000 square foot lot zoned LR3 located in the heart of the Ballard Hub Urban Village. HALA proposed up-zone to MR with 80' height limits. Development opportunities include townhouses, condos, apartments or SEDU's.
    Exterior Features

    Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 1 Uncovered Spaces 1

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 600 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 600 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 800 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1000 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 1200 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 2.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 63600 Gross Rent Multiplier 29 Gross Scheduled Income 63600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2100 Leased Items None Net Operating Income 46498 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 9762 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 17162 Total Expenses TEX 17162 Total Monthly Income 5300 Unit1 Monthly Rent 825 Unit2 Monthly Rent 825 Unit3 Monthly Rent 1000 Unit4 Monthly Rent 1075 Unit5 Monthly Rent 1475 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 5300

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-07-22T08:15:30.27.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Paragon Real Estate Advisors.