3005 Harbor Avenue SW, Seattle, WA 98126
- $2,395,000
- 5,634
- SqFt
Listing courtesy of Paragon Real Estate Advisors.
- List Price
- $2,395,000
- Status
- ACTIVE
- MLS#
- 2271194
- Days on Market
- 27
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,634
- Area Total SqFt
- 5634
- Annual Tax Ammount
- 22442
- Lot Size (sq ft)
- 5,840
- Sewer
- Sewer Connected
Property Description
This is the first time the Mary Moore has been on the market since its construction and has maintained 100% occupancy since it was first leased 7 ½ years ago. The property offers six spacious 939-square-foot, 2-bedroom, 1-bathroom units, each featuring custom cabinets, stainless steel appliances, granite countertops, hardwood floors, and washer and dryers. Every unit includes an off-street parking space and a storage unit. The units benefit from abundant natural light, and the rooftop deck offers sweeping views of Elliott Bay, Mount Rainier, and Downtown Seattle.
Additional Information
- List Date
- 2024-08-20 12:49:33
- Community
- North Admiral
- Net Operating Income
- $115,862
- Gross Adjusted Income
- $160,283
- Gross Scheduled Income
- $165,240
- Total Monthly Income
- $13,770
- Insurance Expenses
- $4,115
- Water/Sewer/Garbage Expenses
- $10,064
- Gross Rent Multiplier
- 14.49
- Total Expenses
- $44,421
- Cap Rate
- 4.84
- Vacancy Rate
- 3
- Total Number of Units
- 6
- Unit Name
- 3005
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2017
- Roof
- Flat
- Other Expenses
- 7800
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $13,770
- Gross Scheduled Income
- $165,240
- Vacancy Rate
- 3
- Gross Adjusted Income
- $160,283
- Tax Year
- 2024
- Insurance Expense
- $4,115
- W/S/G Expenses
- $10,064
- Total Expenses
- $44,421
- Net Operating Income
- $115,862
- Gross Rent Multiplier
- 14.49
- Cap Rate
- 4.84
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