Listing provided by NWMLS, courtesy of Windermere Real Estate Co.

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Active
$2,250,000
/mo   Edit
MLS# 1438717
Multi-Family/Duplex
Built 1909
0.05 acres
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    Description:   The Stone Way Apartments combines original sturdy construction, gracious spaces & charm w/ upgraded systems & stylish new finishes. All apts stripped to studs 1993: new elec & plumb, new windows, etc. All Apt's 10 ft ceilings, tall windows, 18x20 kit/ din areas + formal liv rm's (often used as 2nd BR's). Apt E smashing penthouse w/ views, great room island, granite frplc. Exc Potential: 700 sq ft storage rm w/ 84" ceilings; can partition more BR's Apt E; zoning allows commercial uses, etc.

    Interior

    Approx. Sq Ft: 5,451 ft²
    Energy Source: Natural Gas
    Heating and Cooling: Wall
    Floor Covering: Ceramic Tile, Hardwood, Vinyl
    Amenities: Basement, Coin Op Laundry, Fire Sprinklers, Storage, Thermal Windows, See Remarks

    Utilities

    Water Company: Seattle
    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98103
    Area: 705
    County: King
    School District: Seattle
    Latitude: 47.65287300
    Longitude: -122.34204600

    Building

    Year Built: 1909
    Roof: Flat
    Exterior: Wood Products
    Number of Units in Building: 6

    School

    School District: Seattle

    Lot

    View: City, Lake, Partial, Territorial
    Lot Details: Alley, Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 2,158 ft²
    Lot Dimensions: 37 x 60
    Number of Stories in Building: 3

    Site

    Community Name: Wallingford
    Site Features: Fenced-Partially, Gas Available, High Speed Internet, Sprinkler System

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $14,210
    Insurance Expenses: 3979
    Electrical Expenses: 480
    Heating Expenses: 1755
    Other Expenses: 4942
    Total Expenses: 34269
    Tax Year: 2019
    Gross Scheduled Income: 133200
    Vacancy Rate: 0
    Gross Adjusted Income: 133200
    Total Expenses: 34269
    Net Operating Costs: 98931
    Gross Rent Multiplier: 17
    Total Monthly Income: 11100

    Unit 1

    Description Unit 1: A
    Sq Ft Unit 1: 630 ft²
    Bedrooms Unit 1: 2
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Fireplaces Unit 1: 0
    Rent Unit 1: $1,661

    Unit 2

    Description Unit 2: B
    Sq Ft Unit 2: 630 ft²
    Bedrooms Unit 2: 1
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Fireplaces Unit 2: 0
    Rent Unit 2: $1,413

    Unit 3

    Description Unit 3: C
    Sq Ft Unit 3: 679 ft²
    Bedrooms Unit 3: 2
    Bathrooms Unit 3: 1.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Fireplaces Unit 3: 0
    Rent Unit 3: $1,695

    Unit 4

    Description Unit 4: D
    Sq Ft Unit 4: 630 ft²
    Bedrooms Unit 4: 1
    Bathrooms Unit 4: 1.00
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: Y
    Fireplaces Unit 4: 0
    Rent Unit 4: $1,640

    Unit 5

    Description Unit 5: E
    Sq Ft Unit 5: 1,700 ft²
    Bedrooms Unit 5: 4
    Bathrooms Unit 5: 2.00
    Range/Oven Unit 5: Y
    Refrigerator Unit 5: Y
    Dishwasher Unit 5: Y
    Washer/Dryer Unit 5: Y
    Fireplaces Unit 5: 1
    Rent Unit 5: $3,764

    Unit 6

    Description Unit 6: 1A
    Sq Ft Unit 6: 500 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 1.00
    Range/Oven Unit 6: Y
    Refrigerator Unit 6: Y
    Fireplaces Unit 6: 0
    Rent Unit 6: $500

    Other

    Project: C. P. Stone's Home

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    Listing provided by NWMLS, courtesy of Windermere Real Estate Co.