3521 S Leschi Place, Seattle, WA 98144

$3,000,000
4,066
SqFt

Listing courtesy of America's Choice Real Estate.

List Price
$3,000,000
Status
ACTIVE
MLS#
2028205
Days on Market
1
Style
55 - 5-9 Units
Finished SqFt
4,066
Area Total SqFt
4066
Annual Tax Ammount
16653
Lot Size (sq ft)
4,092
Sewer
Sewer Connected

Property Description

Leschi Six is a fully renovated, turnkey, 6 unit multi-family property located in one of the most established lakefront communities in Seattle. This area is a trendy destination for renters seeking urban amenities and close proximity to Downtown and the Eastside. Leschi Six offers city convenience, parks, and Lake Washington at your doorstep. Leschi Six was renovated in 2018 with a variety of layouts and interiors which include high end designer finishes, stainless steel appliances and washer and dryers in every unit. Favorable Seller Financing terms are available.

Additional Information

List Date
2023-01-24 23:57:13
Community
Leschi
Net Operating Income
$124,506
Gross Adjusted Income
$157,206
Gross Scheduled Income
$165,480
Total Monthly Income
$13,790
Water/Sewer/Garbage Expenses
$8,100
Gross Rent Multiplier
18.13
Total Expenses
$32,700
Cap Rate
4.15
Vacancy Rate
5
Total Number of Units
6
Unit Name
3521
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
1959
View
City, Lake, Mountain(s), Partial, Territorial
Roof
Flat, Torch Down
Site Features
Cable TV, Deck, High Speed Internet, Patio
Heating/Cooling Type
Baseboard, Radiant, Wall
Other Expenses
7947
Energy Source
Electric
School District
Seattle
Elementary School
Leschi
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$13,790
Gross Scheduled Income
$165,480
Vacancy Rate
5
Gross Adjusted Income
$157,206
Tax Year
2022
W/S/G Expenses
$8,100
Total Expenses
$32,700
Net Operating Income
$124,506
Gross Rent Multiplier
18.13
Cap Rate
4.15
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks