2201 NW 62nd St Seattle
Listing provided by NWMLS, courtesy of North Pacific Properties
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Description: Large, flat, square corner lot with new LR2 (m) zoning allows for significant development potential. Very little to no lot improvement work needed for a multitude of development possibilities. Buyer to verify. Significant rental upside allows for increase of gross scheduled rent to 168, 600. 94 Walk score.
Interior
Approx. Sq Ft:
5,319 ft²
Energy Source:
Electric, Natural Gas
Heating and Cooling:
Radiant, Radiator, Hot Water Recirc Pump
Floor Covering:
Ceramic Tile, Hardwood, Laminate Tile, Wall to Wall Carpet
Amenities:
Basement, Coin Op Laundry, Storage
Utilities
Water Company:
Public Utilities
Sewer:
Sewer Connected
Location
City:
Seattle
State:
WA
Zip Code:
98107
Area:
705
County:
King
School District:
Seattle
Latitude:
47.67359400
Longitude:
-122.38505800
Building
Year Built:
1954
Roof:
Flat
Exterior:
Wood Products
Number of Units in Building:
10
School
School District:
Seattle
Lot
Lot Details:
Corner Lot, Curbs, Paved Street, Sidewalk, Value In Land
Lot Sq Ft:
10,000 ft²
Lot Dimensions:
100 x 100
Number of Stories in Building:
1
Site
Community Name:
Ballard
Site Features:
No
Rent
Terms:
Cash Out, Conventional
Finance & Taxes
Homeowner Dues (monthly):
None
Tax Expense:
$17,432
Insurance Expenses:
2506
Electrical Expenses:
567
Heating Expenses:
0
Other Expenses:
3700
Total Expenses:
32544
Tax Year:
2018
Gross Scheduled Income:
111815
Vacancy Rate:
1
Gross Adjusted Income:
110697
Total Expenses:
32544
Net Operating Costs:
78153
Gross Rent Multiplier:
26
Total Monthly Income:
12000
Unit 1
Sq Ft Unit 1:
0 ft²
Bedrooms Unit 1:
2
Bathrooms Unit 1:
1.00
Range/Oven Unit 1:
Y
Refrigerator Unit 1:
Y
Dishwasher Unit 1:
N
Washer/Dryer Unit 1:
N
Fireplaces Unit 1:
0
Rent Unit 1:
$1,875
Unit 2
Sq Ft Unit 2:
0 ft²
Bedrooms Unit 2:
1
Bathrooms Unit 2:
1.00
Range/Oven Unit 2:
Y
Refrigerator Unit 2:
Y
Dishwasher Unit 2:
N
Washer/Dryer Unit 2:
N
Fireplaces Unit 2:
0
Rent Unit 2:
$1,125
Unit 3
Sq Ft Unit 3:
0 ft²
Bedrooms Unit 3:
1
Bathrooms Unit 3:
1.00
Range/Oven Unit 3:
Y
Refrigerator Unit 3:
Y
Dishwasher Unit 3:
N
Washer/Dryer Unit 3:
N
Fireplaces Unit 3:
0
Rent Unit 3:
$1,125
Unit 4
Sq Ft Unit 4:
0 ft²
Bedrooms Unit 4:
1
Bathrooms Unit 4:
1.00
Range/Oven Unit 4:
Y
Refrigerator Unit 4:
Y
Dishwasher Unit 4:
N
Washer/Dryer Unit 4:
N
Fireplaces Unit 4:
0
Rent Unit 4:
$1,125
Unit 5
Sq Ft Unit 5:
0 ft²
Bedrooms Unit 5:
1
Bathrooms Unit 5:
1.00
Range/Oven Unit 5:
Y
Refrigerator Unit 5:
Y
Dishwasher Unit 5:
N
Washer/Dryer Unit 5:
N
Fireplaces Unit 5:
0
Rent Unit 5:
$1,125
Unit 6
Sq Ft Unit 6:
0 ft²
Bedrooms Unit 6:
1
Bathrooms Unit 6:
1.00
Range/Oven Unit 6:
Y
Refrigerator Unit 6:
Y
Dishwasher Unit 6:
N
Washer/Dryer Unit 6:
N
Fireplaces Unit 6:
0
Rent Unit 6:
$1,125
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Listing provided by NWMLS,
courtesy of North Pacific Properties