- Listing #:
- 2209600
- Price:
- $1,190,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Und 10K
- # of Acres:
- 0.08
- Year Built:
- 1905
- Comm/Assn:
- Seattle
- City:
- Seattle
- County:
- King
- State:
- WA
- Zip:
- 98122
- Right of 1st Refusal:
- No
QR Code
Description
Ayers Commercial Group is proud to exclusively list for sale the Central District Mixed-Use Triplex. Located in Seattle's vibrant Central District neighborhood is a great opportunity for value-add investors or commercial owner users. This value-add property features 2 residential units and 1 commercial unit. The unit mix consists of a 2 bed 1 bath top floor apartment, a second-floor commercial unit, and a ground level studio apartment. The commercial unit and top floor residential unit are lease ready for new tenants or ready for renovations. The ground level studio is ready for renovations. The property is well positioned surrounded by many amenities and public transportation and boasts a walk score of 94 and bike score of 91.
Property Features
- Cap Rate:
- - 6.2
- Electric Expense:
- - 2000
- Gross Scheduled Income:
- - $103,369.00
- Insurance Expense:
- - $2,621.00
- Net Operating Income:
- - $73,777.00
- Gross Adjusted Income:
- - 98201
- Gross Rent Multiplier:
- - 11.51
- Style Code:
- - 60 - Comm Bldg Und 10K
- Total Expenses:
- - 24424
- Total Monthly Triple Net:
- - 914
- Total Sq. Ft. Rented:
- - 3070
- Vacancy Rate:
- - 5
- Water Sewer Garbage:
- - 4000
- Zoning Class:
- - Commercial
- - Multi-Family
- - Residential
- - Retail
- Zoning Jurisdiction:
- - City
- Other Expense:
- - 6500
- Parcel Number:
- - 7217400180
- Possible Use:
- - Commercial
- - Multi-Family
- - Residential
- - Retail
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $9,303.00
- Tax Year:
- - 2024
- Total Actual Rent:
- - 7400