(Drive By Only - Tenants moved in Aug 29th). Grand 1908 Four Square on Seattle's Greek Row, 12 Bedroom + grand commons. All vacant: brokers may show daily. Market Cap Rate 6.9 based on 12 x 940, 12 x 80 util internet, 2 x 80 parking = 12,400/m market income. Property currently leased Sept 1, 2022 - Aug 31, 2023 @ $7100/m, excellent tenants w/ co-signers, residents pay all util's. Total renovation 2005 incl: basement & top floors are 2005 construction, 100% new water from street & inside, 100% romex 2005/ large panel 200 amp, sewer upgraded w/ liner, gas boiler & radiators pro serviced June 2022, etc.
Courtesy of Windermere Real Estate Co.
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