213 11th Avenue E, Seattle, WA 98102

$2,275,000
4,010
SqFt

Listing courtesy of John L. Scott Mukilteo.

List Price
$2,275,000
Status
ACTIVE
MLS#
2073500
Price Change
▼ $124,000 1685507825
Days on Market
28
Style
53 - Tri-plex
Finished SqFt
4,010
Area Total SqFt
4010
Annual Tax Ammount
18424.77
Lot Size (sq ft)
3,600
Sewer
Sewer Connected

Property Description

First time on market, this custom home/duplex designed by award winning architect, Norman Millar, stands alone as an icon of artistic ingenuity in the heart of Capitol Hill, w/ your own courtyard, parking for 5, and no HOA! You'll be able to walk to most destinations, including SeaTac or anywhere light rail goes with easy access, just two blocks away. This home offers great flexibility with a separate 1290sf DADU, and option to easily create a second rentable unit with the 2nd kitchen. The home was designed for art, notably on the main floor which boasts 12' ceilings, and tons of natural light. Siding is corrugated steel, and roof is new in 2018. All metal work done by by R. Niemi, include fence, gates, and Juliet balconies off each BR.

Additional Information

List Date
2023-05-02 23:33:10
Community
Capitol Hill
Net Operating Income
$72,216
Gross Adjusted Income
$99,600
Gross Scheduled Income
$99,600
Total Monthly Income
$8,300
Insurance Expenses
$4,500
Water/Sewer/Garbage Expenses
$2,900
Gross Rent Multiplier
22.8
Total Expenses
$27,384
Cap Rate
3.17
Total Number of Units
3
Unit Name
213
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1993
View
City
Roof
Metal
Site Features
Cable TV, Fenced-Fully, High Speed Internet
Electric Expenses
840
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$8,300
Gross Scheduled Income
$99,600
Gross Adjusted Income
$99,600
Tax Year
2022
Insurance Expense
$4,500
W/S/G Expenses
$2,900
Total Expenses
$27,384
Net Operating Income
$72,216
Gross Rent Multiplier
22.8
Cap Rate
3.17
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