2727 Boylston Ave E, Seattle, WA 98102

$1,734,950
2,861
SqFt

Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,734,950
Status
ACTIVE
MLS#
1689157
Days on Market
12
Style
53 - Tri-plex
Building Condition
['Good']
Finished SqFt
2,861
Lot Size (sq ft)
4,400

Property Description

Eastlake Union Tri-plex with Redevelopment Opportunity! Breathtaking panorama views of Lake Union, city skyline and surrounding areas. Land Bank or Development Apartments. This well maintained existing tri-plex sits on a 4,400 SQFT Lot with Alley Access - Zoned (MR) Midrise Multi-Family allows for a Height Limit of 80' at a Maximum (FAR) Floor Area Ratio of 4.5, located in the Eastlake Residential Urban Village - No Parking Required. Easy access to Downtown and South Lake Union. Collect rents while you get permits.

Additional Information

List Date
2020-11-21 00:00:00
Community
Eastlake
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out
Year Built
1909
Total Parking
4
View
Bay, City, Lake, Mountain, Sound, Territorial
Exterior
Wood, Wood Products
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Lot Details
Alley, Dead End Street, Paved Street, Sidewalk, Value In Land
School District
Seattle
Elementary School
Montlake
High School
Garfield High
Total Monthly Income
$8,496
Gross Scheduled Income
$101,952
Vacancy Rate
5
Gross Adjusted Income
$96,854
Annual Taxes
$12,992
Tax Year
2020
Insurance Expense
$2,400
W/S/G Expenses
$3,600
Total Expenses
$18,992
Net Operating Income
$77,862
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
720
Unit 1 Rent
$2,124
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
1034
Unit 2 Rent
$3,050
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
923
Unit 3 Rent
$2,722
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks