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Browse More Listings in Multifamily For Sale, Seattle, WA or Washington

Multifamily Property For Sale

White House Apartments

523 E Denny Way, Seattle, WA 98122

Price:
$1,800,000
No. Units:
14
Building Size:
8,840 SF
Price/Unit:
$128,571.43
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
5.82%
Gross Rent Multiplier:
11.56
Occupancy:
95%
Lot Size:
5,236 SF
Find Out More...

Last Verified 10/27/2009 Listing ID 16211516

Description

Great urban building with 6 studio & 8 1-bed units providing an ideal unit mix for the neighborhood. Extremely low maintenance property. Central boiler gas heat & hot water and copper plumbing all in excellent condition. All units have been renovated with new flooring, cabinetry, appliances, tile bathrooms, etc. Tons of closet space. Off street parking for 8 cars, 14 on-site storage lockers, secured intercom entry for controlled access. On-site building owned laundry.

Vibrant Capitol Hill, walk to work CBD/S. Lake Union/Broadway, easy
access to I-5 & bus lines, walking distance to grocery, banks, services, restaurants, nightlife, colleges & hospitals

Financial Summary

Actual
Net Operating Income
$102,600

Map of 523 E Denny Way, Seattle, WA 98122 (King County)

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Created 4/28/2009

Additional Information for 523 E Denny Way, Seattle, WA 98122

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - White House Apartments

523 E Denny Way, Seattle, WA, 98122