Special Agents Realty
4750
University Way NE,
Seattle,
Washington
WA
98105
$3,500,000 Sold For
Closed Status
12,182 SqFt
0.095 Acres
1872358 Listing ID
Status Closed
Sold Date 2/14/2023
County King
Subdivision University District
Year Built 1958
Property Type Residential Income
Residential Income
Property Sub Type Multi-Family
Primary Features
County:
King
Price Before Reduction:
4500000
Price Reduction Date:
2022-11-01T18:29:17+00:00
Property Sub Type:
Multi-Family
Property Type:
Residential Income
Subdivision:
University District
Year Built:
1958
Interior
Building Area Units:
Square Feet
Furnished:
Unfurnished
Living Area Units:
Square Feet
Stories Total:
4
External
Elevation Units:
Feet
Exterior Features:
Brick, Cement/Concrete, Metal/Vinyl, Stone
Lot Features:
Alley, Curbs, Paved, Sidewalk
Lot Size Dimensions:
40 x 103
Lot Size Square Feet:
4120
Lot Size Units:
Square Feet
MLS Lot Size Source:
King County Assessors Office
Number Of Units Total:
20
Open Parking Spaces:
1
Parking Total:
1
Parking Uncovered Spaces:
1
Roof:
Flat, Torch Down
Sewer:
Sewer Connected
Sewer Company:
Seattle Combined Utilities
Structure Type:
Multi Family
Style Code:
56 - 10+ Units
Units Below Grade:
true
Units In Building Total:
20
Water Company:
Seattle Combined Utilities
Water Sewer Garbage:
10800
Water Source:
Public
Location
Building Area Total:
12182
Building Name:
University Heights Add
Country:
US
Elementary School:
Green Lake
High School:
Lincoln High
High School District:
Seattle
Middle Or Junior School:
Hamilton Mid
MLS Area Major:
710 - North Seattle
View:
Territorial
Waterfront:
no
Zoning Class:
Multi-Family,Retail,See Remarks
Zoning Jurisdiction:
City
Additional
Amenities:
Coin Op Laundry,Fire Sprinklers,Thermal Windows
Effective Year Built Source:
Public Records
First Right Of Refusal:
no
Green Energy Efficient:
Thermal Windows
Mls Status:
Sold
Offers:
Seller intends to review offers upon receipt
Possible Use:
Multi-Family, Retail, See Remarks
Power Company:
Seattle City Light
Power Production Type:
Electric
Preliminary Title Ordered:
yes
Property Condition:
Fair
Show Map Link:
yes
Site Features:
Cable TV, Fenced-Partially, Gas Available, Patio, Sprinkler System
Year Built Effective:
1958
Financial
Buyer Financing:
Cash
Cap Rate:
5.9
Electric Expense:
3000
Gross Adjusted Income:
396360
Gross Rent Multiplier:
10.7
Gross Scheduled Income:
421241
Insurance Expense:
10000
Leasable Area:
10850
Leasable Area Units:
Square Feet
Leased Items:
None
Net Operating Income:
265988
Other Expense:
64271
Possession:
Closing, See Remarks, Tenant's Rights
Sale Type:
MLS
Seller Disclosure:
Provided
Special Listing Conditions:
None
Tax Annual Amount:
42301
Tax Year:
2021
Total Expenses:
130372
Total Monthly Income:
34284
Vacancy Rate:
5
Zoning Info
Based on information submitted to the MLS GRID as of Thursday, March 28th, 2024 10:24:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Contact - Listing ID 1872358
Special Agents Realty
2401 N Northlake Way #2
Seattle, WA 98103
Phone: 206-419-0065
Linda M Bagley (206) 419-0065, Jennifer Bagley (972) 342-5933
Data services provided by IDX Broker