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Joey McCune
 

Reside. Real Estate Group

Keller Williams Seattle Metro West 
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Office: 206-935-3442
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Where do you RESIDE? 
www.ResideInSeattle.com 

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Listing 13 out of 52
$3,595,000 Pending Feasibility

1417 Belmont Ave
Seattle, WA 98122

11 units | Multi Family Home
5001 sq ft lot - MLS# 1229307 Courtesy of RE/MAX Realty South
Property Photo
1/3

Description

Fully leased prime capital hill area multi family minutes from downtown and convention center. Covered parking and open parking in back area. Always rented quickly with upside potential with some modernization of units.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Feasibility
  • County/Area: King County
  • Zip Code: 98122
  • Year Built: 1964
  • School District: Seattle
  • Sq.Ft.: 7,489 sq ft
  • Units: 11 units
  • Baths: 0
  • # of Parking Spaces: 6
  • Acres: 5001 sq ft lot
  • Area: Capitol Hill
  • Amenities: Coin Op Laundry, Elevator, Storage
  • Area Number: 390
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Building Condition: Good
  • Energy Source(heat): Electric
  • Exterior: Stucco
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $182515
  • Gross Rent Multiplier: $19
  • Gross Scheduled Income: $188160
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $4560
  • Net Operating Income: $121999
  • Number of Carport Spaces: 3
  • Number of Stories in Building: 4
  • Number of Uncovered Spaces: 3
  • Other Expenses: $22952
  • Power Company: City
  • Rent Unit 1: $1250
  • Rent Unit 2: $1375
  • Rent Unit 3: $1150
  • Rent Unit 4: $1300
  • Rent Unit 5: $1300
  • Rent Unit 6: $1250
  • Roof: Flat
  • Sewer Company: City
  • Square Feet Unit 1: 400
  • Square Feet Unit 2: 475
  • Square Feet Unit 3: 475
  • Square Feet Unit 4: 475
  • Square Feet Unit 5: 475
  • Square Feet Unit 6: 475
  • Total Expenses: $60516, $60516
  • Total Monthly Income: $15680
  • Vacancy Rate: 3
  • Water Company: City
  • Water Source: Public
  • Water/Sewer/Garbage: 10200
  • Sold Date: 1800-01-01 00:00:00
Courtesy of RE/MAX Realty South

Reside.
Real Estate Group
Distinctive Real Estate Representation

Joey McCune | 206-427-0672 | Contact Us | joey@resideinseattle.com
4452 California Ave SW - Seattle, WA 98116
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