5246 Brooklyn Avenue Northeast

Seattle, WA 98105

$4,850,000
Last Sold Price
25
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Show-stopping investment opportunity with 12 modern units presents a rare chance to own a well-maintained and centrally-located investment that’s worthy of any property portfolio. Built in 2015, you’ll enjoy the peace of mind of a newer building along with stable rents. A prized location in the highly desirable University District that attracts a wide range of eager tenants. Designed for easy-care living and contemporary comfort, the properties showcase modern fixtures and must-have features along...Show-stopping investment opportunity with 12 modern units presents a rare chance to own a well-maintained and centrally-located investment that’s worthy of any property portfolio. Built in 2015, you’ll enjoy the peace of mind of a newer building along with stable rents. A prized location in the highly desirable University District that attracts a wide range of eager tenants. Designed for easy-care living and contemporary comfort, the properties showcase modern fixtures and must-have features along with generous and light-filled living spaces that invite residents to kick back and relax. The building offers a Walk Score of 98 and a Transit Score of 78 with a 15-minute walk to the Future U-District Light Rail.
  1. Listed by Alice On • Wonderland Real Estate

Property Details for 5246 Brooklyn Avenue Northeast

Community Name
University District
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
03-03-2021
Energy Source
Electric,Natural Gas
Sewer
Available

Location

Listing Courtesy of Wonderland Real Estate

Sold By Homes & Equity Real Estate Grp

Add your commute
LISTING UPDATED: 03/16/2022 09:12 AM

Property Details for 5246 Brooklyn Avenue Northeast

StatusSold
MLS #1736705
Days on Market288
Cumulative Days on Market288
Taxes$10,364 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2015
Lot Size0.09 AC / 4,000 SF
CountyKing County

Location

Listing Courtesy of Wonderland Real Estate

Sold By Homes & Equity Real Estate Grp

Add your commute

Building Information for 5246 Brooklyn Avenue Northeast

Stories4Residences12Year Built2015Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$27,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,468

Property Taxes

$864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5246 Brooklyn Avenue Northeast

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Deck, Fenced-Fully, Gated Entry, High Speed Internet, Sprinkler System
  • Area: 710 - North Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Exit 169 if heading northbound to 7th Ave NE, right on NE 50th, left on Brooklyn.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate
  • Features: High Efficiency - 90%+, Hot Water Recirc Pump, Laminate Hardwood
  • Amenities: Fire Sprinklers
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: See Remarks
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: 90%+ High Efficiency,Hot Water Recirc Pump,Wall
  • Water/Sewer/Garbage: 12342
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • 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
  • Photos Count: 28
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: KCR
  • Parcel Number Free Text: 8816400860
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: High Efficiency - 90%+
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 0
  • Number Of Units Total: 12
  • Units Below Grade: true
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $365
  • Total Expenses: 66598
  • Gross Adjusted Income: 295200
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $295,200
  • Insurance Expense: $2,280
  • Net Operating Income: $228,602
  • Other Expenses: $41,247
  • Total Monthly Income: 24600
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 001
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 553
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 002
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 555
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 003
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 739
  • Rent Unit 3: $2,480.00
  • Bedrooms Unit 3: 3
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 101
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 603
  • Rent Unit 4: $1,800.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 102
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 585
  • Rent Unit 5: $1,910.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 103
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 577
  • Rent Unit 6: $1,875.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 201
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 603
  • Rent Unit 7: $2,130.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 202
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 585
  • Rent Unit 8: $2,170.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 203
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 577
  • Rent Unit 9: $2,170.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 301
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 603
  • Rent Unit 10: $2,110.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 302
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 585
  • Rent Unit 11: $2,150.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 303
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 577
  • Rent Unit 12: $2,205.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7412.0
  • Leasable Area Units: Square Feet

Property History for 5246 Brooklyn 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 5246 Brooklyn Avenue Northeast

Taxable ValueLand$1,040,000Additions-Total$1,040,000
Tax Record2023$10,235 ($853 / month)
Home Facts
Total Finished SqFt6,600 SqFtAbove Ground SqFt6,600 SqFtStories3Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2015ZoningLR2CountyKINGAPN881640-0860Fireplace TypeHas Fireplace

Schools near 5246 Brooklyn Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln 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.

Similar Homes

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Similar Sold Homes

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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 Wonderland Real Estate

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.