2210 Eastlake Ave E Unit 1-6 $2,400,000

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    2210 Eastlake Ave E Unit 1-6 Seattle, WA 98102

    • 0 Beds
    • 0 Baths
    • 4,460 sq.ft.
    • Multi-Family
    Listing# 1518449 | Pending
    Days On Market: 40 4 Views
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    Property Details

    Located in Seattles exceptional Eastlake neighborhood & offered for sale by the original owner, 2210 Eastlake presents an investor with rental upside (charging tenants for parking/utilities & increase rents with cosmetic upgrades) as well as the opportunity to redevelop the property into potentially 60-80+ SEDUs with on parking requirement & potential views from the upper levels, while providing a steady income from the existing 6-unit apartment building during the permitting process.

    • General Features
      • County King
      • County King
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 6,150
      • Number of Stories 2
      • Number of Units 6
      • Selling Office Commission 2.5
      • Site Features Cable TV
      • Style 55-5-9 Units
      • Unit 1-6
      • View See Remarks
      • Year Built 1960
    • Building Features
      • Roof Torch Down
      • Exterior Brick, Wood, Wood Products
      • Amenities Coin Op Laundry
      • Approx SqFt 4,460
      • Floor Covering Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $7,650
      • Net Operating Income $49,675
      • Gross Scheduled Income $91,800
      • Gross Adjusted Income $88,128
      • Total Expenses $38,453
      • Other Expenses $5,906
      • Insurance Expenses $3,488
      • Expenses $38,453
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 27
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $15,858
      • Energy Source Electric
      • Heating and Cooling Baseboard, Forced Air
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Garfield High
      • Junior High Meany Mid
      • Elementary School Montlake

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    Neighborhood

    98102 (Seattle) Demographics

    33Median Age
    18,671Population Density (per sq. mile)
    79%College Educated
    $77,356 Estimated Median Income
    4,333Estimated Total Home Owners
    10,232Estimated Total Renters
    30% / 70%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    24,030Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $485,000 Median Sales Price
    32 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,400,000
        9/24/2019 2:21:31 PM Status Changed Source New Value: Pending
        9/12/2019 12:02:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.