5219 22nd Avenue Northeast

Seattle, WA 98105

$1,700,000
Price
10
Beds
6
Baths
3,685 Sq. Ft.
$461 / Sq. Ft.
3,685
Sq. Ft.
$461
per Sq. Ft.

Description

This craftsman style Fourplex is located within three blocks of the University of Washington. Building is well maintained, making it simple to operate and manage with pride of ownership. Built in 1914, this 4 unit has Two 4 bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio with updated bathrooms and kitchen. In all, there are 11 bedrooms and 6 bathrooms. Building produces $11,750 of monthly income! What sets this building apart from smaller comparable buildings are the two large...This craftsman style Fourplex is located within three blocks of the University of Washington. Building is well maintained, making it simple to operate and manage with pride of ownership. Built in 1914, this 4 unit has Two 4 bedroom 2 bathroom units, One 2 bedroom 1 bathroom unit, and a Studio with updated bathrooms and kitchen. In all, there are 11 bedrooms and 6 bathrooms. Building produces $11,750 of monthly income! What sets this building apart from smaller comparable buildings are the two large spacious 4 bed 2 bath units. There is a coin operated common laundry, owned by the property, adding additional income. Tenants pay for gas and electricity. Water, Sewer and Garbage are included in their rent.
  1. Listed by Patrick Riley • Capstone Commercial

Property Details for 5219 22nd Avenue Northeast

Community Name
University District
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
02-06-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Capstone Commercial
Add your commute
LISTING UPDATED: 04/25/2024 12:15 PM

Property Details for 5219 22nd Avenue Northeast

StatusPending
MLS #2195445
Days on Market78
Cumulative Days on Market268
Taxes$12,308 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.12 AC / 5,050 SF
CountyKing County

Location

Listing Courtesy of Capstone Commercial
Add your commute

Building Information for 5219 22nd Avenue Northeast

Stories3Residences4Year Built1914Building Size-Lot Size0.12 AC / 5,050 SF

Payment Calculator

$10,303 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,026

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5219 22nd Avenue Northeast

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Gas Available, High Speed Internet, Patio
  • Area: 710 - North Seattle
  • Block: 10
  • Effective Year Built Source: Public Records
  • Directions: North of NE 45th St. South of NE 54th St. Building on westside of 22nd Ave NE.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Floor Covering: Hardwood
  • Features: Hardwood
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 7404
  • Power Company: City of Seattle
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1989
  • Photos Count: 21
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 17
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7174800430
  • Building Condition: Good
  • Calculated Square Footage: 3685
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3685.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: true
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $2,632
  • Total Expenses: 39711
  • Gross Adjusted Income: 142961
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $145,855
  • Insurance Expense: $1,000
  • Net Operating Income: $103,250
  • Other Expenses: $16,367
  • Total Monthly Income: 10750
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 750
  • Rent Unit 1: $2,150.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 3
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 1200
  • Rent Unit 2: $4,150.00
  • Bedrooms Unit 2: 4
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 2
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 400
  • Rent Unit 3: $1,150.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 1200
  • Rent Unit 4: $4,300.00
  • Bedrooms Unit 4: 4
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 3685.0
  • Leasable Area Units: Square Feet

Property History for 5219 22nd Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5219 22nd Avenue Northeast

Taxable ValueLand$1,414,000Additions$114,000Total$1,528,000
Tax Record2022$13,028 ($1,086 / month)
Home Facts
Total Finished SqFt3,612 SqFtAbove Ground SqFt3,612 SqFtStories2Lot Size5,050 SqFtStyleMulti-Family Dwelling (2-4)Year Built1914Year Renovated1989ZoningLR3 (M)CountyKINGAPN717480-0430Fireplace TypeHas Fireplace

Schools near 5219 22nd Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Laurelhurst Elementary School
PublicK to 5

Eckstein Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

McDonald International School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capstone Commercial

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.