5510 25th Ave NE

    Seattle, WA 98105
    • $1,800,000
    • STATUS: Pending
    • ON SITE: 40 days
    • ID#: 1305685
    Under Contract
    UPDATED: 28 min ago
    $1,800,000
    • 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

    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.

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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 2018-07-16T00:17:11.937.

    www.resg.com/homes/84282740

    5510 25th Ave NE Seattle, WA 98105

    • Price: $1,800,000
    • Status: Pending
    • Updated: 28 min ago
    • ID#: 1305685
    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
    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 See Remarks Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Lot Dimensions 7500 Roof Composition Stories In Building 0 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 Fireplaces 0 Unit1 Sq Ft 675 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Sq Ft 535 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 520 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Sq Ft 515 Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 225 Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 160 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 1.75 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 63499 Gross Rent Multiplier 28 Gross Scheduled Income 64140 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2039 Leased Items None Net Operating Income 31525 New Construction YN No Other Expenses 6300 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 13122 Tax Year 2018 Terms AssumableCash Out Third Party Approval Required None Total Expenses EXP 31947 Total Expenses TEX 31947 Total Monthly Income 695 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 1 Water Sewer Garbage 10512 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 2018-07-16T00:17:11.937.

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