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2258 14TH AVE W
SEATTLE, WA 98119
Asking Price
$1.05M
Cap Rate
4.79%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
W Queen Anne Fourplex For Sale <p>• Approximately 2,800 net rentable square feet</p><p>• Four one-bedroom, one-bathroom units</p><p>• First time on the market in 33 years</p><p>• 4,013 SF lot zoned LR3 (M)</p><p>• Long-term redevelopment optionality under LR3 (M)</p><p>• Hardwood and LVP flooring in two units</p><p>• Dishwashers in every unit</p><p>• In-unit washer and dryer in Unit 4</p><p>• Shared washer and dryer in the basement</p><p>• Private balcony for the upper unit</p><p>• Fenced backyard with shared outdoor space</p
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NOI
$80,000
Cap Rate
7.62%
DSCR
1.28
Strong
Cash-on-Cash
5.61%
Monthly Payment
$5,194.827
Annual Cash Flow
$17,662.075
