44-unit, 2015-built multifamily investment opportunity in Seattle’s Madison Valley. Madison 2.0 features a mix of SEDUs, studios, one-bedroom homes and live/work lofts with modern finishes, large windows, stainless appliances and efficient floorplans. Community amenities include a rooftop deck with city views, shared kitchen and laundry. Excellent urban location near Capitol… Read More Hill, Downtown Seattle, dining, retail, employment centers and transit. Offered at $4.5M ($102,273/unit) with a 6.34% cap rate on current operations and additional rental upside. Read Less
Listing courtesy of Kidder Mathews
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Square Ft.
10,855
Lot Size
0.11 Acres
Year Built
2015
Property Tax
$34,987
MLS Number
2590693
Additional Details
Building
Built in 2015, Built in 2015 (effective), 4 stories, Construction Materials: Wood
Cooling
None
Expenses
Electric: $14,269, Fuel: $14,269, Insurance: $14,919, Other Expense: $131,621
Exterior Features
Wood Products
Floors
Vinyl Plank
Foundation
Slab
Heating
Forced Air
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $521,765, Net Operating Income: $285,341
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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