3002 Harvard Ave E

    Seattle, WA 98102
    • $2,550,000
    • STATUS: Active
    • ON SITE: 283 days
    • ID#: 1215007
    $2,550,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,600
      SQFT
    • $455
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Downtown Sea.

    Description

    Heres your chance to NET $140k+ annually with the ease of managing 3-units. Close to UW, SLU and plethora of tenant options - students and tech employees. 100% occupancy since acquired. Meticulously maintained with new plumbing and electrical in 2009 remodel and triple-pane windows block I-5 noise. Investor opportunity w/ turn-key 5.5% Cap Rate in premier Eastlake / Portage Bay Neighborhood! Garage + plenty street parking w/out restrictions & potential upzone for development. See Marketing Pkg

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-17T00:18:47.133.

    www.robertott.net/homes/78539120

    3002 Harvard Ave E Seattle, WA 98102

    • Price: $2,550,000
    • Status: Active
    • ID#: 1215007
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,600
    SQFT
    $455
    $/SQFT
    1916
    Built
    Neighborhood:
    Portage Bay
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    Elementary School:
    Montlake
    Middle School:
    Wash Mid
    High School:
    Garfield High
    School District:
    Seattle
    Property Description
    Heres your chance to NET $140k+ annually with the ease of managing 3-units. Close to UW, SLU and plethora of tenant options - students and tech employees. 100% occupancy since acquired. Meticulously maintained with new plumbing and electrical in 2009 remodel and triple-pane windows block I-5 noise. Investor opportunity w/ turn-key 5.5% Cap Rate in premier Eastlake / Portage Bay Neighborhood! Garage + plenty street parking w/out restrictions & potential upzone for development. See Marketing Pkg
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Construction Methods Standard Frame Exterior StuccoWood Foundation Poured Concrete Garage Spaces 1 Lot Details Corner LotCurbsPaved StreetSidewalk Roof Composition Stories In Building 3 Style 53 - Tri-plex Total Parking Spaces 2 Uncovered Spaces 1 View BayCanalMountainTerritorial

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 4.10 Unit1 Bedrooms 7 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 3514 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 320 Unit3 Bathrooms 2.00 Unit3 Bedrooms 5 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator N Unit3 Sq Ft 1600 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade Y

    Property Features

    Amenities Coin Op LaundrySee Remarks Bank Owned No Cap Rate 5.50 Electrical Expenses 3718 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 156300 Gross Rent Multiplier 20 Gross Scheduled Income 163800 Heating Expenses 3717 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1488 Leased Items None Net Operating Income 140453 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features DeckFenced-PartiallyHigh Speed InternetPatio Tax Amount 16275 Tax Year 2018 Terms Cash OutConventionalSee Remarks Third Party Approval Required None Total Expenses EXP 23347 Total Expenses TEX 23347 Total Monthly Income 13025 Unit1 Monthly Rent 7650 Unit2 Monthly Rent 1450 Unit3 Monthly Rent 4300 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 3718

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Robert Ott Group | Compass and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-17T00:18:47.133.

     
    The Robert Ott Group | Compass
    1505 NW Gilman Blvd #1
    Issaquah WA, 98027
    Listing Courtesy of Keller Williams Downtown Sea.