5510 25th Ave NE

    Seattle, WA 98105
    • $2,195,000
    • STATUS: Pending
    • ON SITE: 68 days
    • ID#: 1257793
    Under Contract
    $2,195,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    PLEASE SUBMIT OFFERS BY END OF BUSINESS DAY TUESDAY MARCH 20TH. 7500 SQFT of NC2P40/LR2 Non-Urban Village Zoning. Please see marketing package for more details. Existing improvements include an occupied six unit apartment building with $5,345.00 of monthly income. Preliminary plans include potential to build 18-20 Large Units with approximately 18,870 total gross SQFT.

    Monthly Payment Calculator

    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 2018-05-21T00:16:53.587.

    www.resg.com/homes/81535757

    5510 25th Ave NE Seattle, WA 98105

    • Price: $2,195,000
    • Status: Pending
    • ID#: 1257793
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1952
    Built
    Neighborhood:
    University District
    County:
    King
    Area:
    N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
    School District:
    Seattle
    Property Description
    PLEASE SUBMIT OFFERS BY END OF BUSINESS DAY TUESDAY MARCH 20TH. 7500 SQFT of NC2P40/LR2 Non-Urban Village Zoning. Please see marketing package for more details. Existing improvements include an occupied six unit apartment building with $5,345.00 of monthly income. Preliminary plans include potential to build 18-20 Large Units with approximately 18,870 total gross SQFT.
    Exterior Features

    Carport Spaces 0 Exterior Wood Garage Spaces 0 Lot Details CurbsPaved StreetSidewalkValue In Land Lot Dimensions 7500 Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 0 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 900 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 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 600 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 600 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 500 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 300 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 1.60 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 63916 Gross Rent Multiplier 37 Gross Scheduled Income 65220 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1273 Leased Items None Net Operating Income 37010 New Construction YN No Other Expenses 6900 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 13122 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 26185 Total Expenses TEX 26185 Total Monthly Income 5345 Unit1 Monthly Rent 1350 Unit2 Monthly Rent 705 Unit3 Monthly Rent 900 Unit4 Monthly Rent 895 Unit5 Monthly Rent 800 Unit6 Monthly Rent 695 Vacancy Rate 2 Water Sewer Garbage 4891 Zoning Jurisdiction City

    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 2018-05-21T00:16:53.587.

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