2315 Boylston Avenue E, Seattle, WA 98102

$1,165,000
2,720
SqFt

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Listing courtesy of Coldwell Banker Danforth. Selling Office: Redfin.

Sold Price
$1,165,000
List Price
$1,275,000
Status
SOLD
MLS#
2148021
Closing Date
Oct 30, 2023
Days on Market
202
Style
53 - Tri-plex
Finished SqFt
2,720
Area Total SqFt
2720
Annual Tax Ammount
12320
Internet Provider
xfinity
Lot Size (sq ft)
4,400
Sewer
Sewer Connected

Property Description

Investor Alert! Well maintained Eastlake Triplex w/ soaring views of Lake Union & the Olympics. MR ZONING allows for a Height Limit of 80'. Land Bank or develop w/ apartments. This property is located in the heart of vibrant Eastlake w/ shops & eateries just a short walk away, along w/ easy access to SLU, Downtown Seattle, & the Eastside! UNIT #1-1 bed, 1 bath w/ spacious kit, mudroom, & wd burning frplc, & wonderful original detailing including the box beam ceiling, & inlaid hardwood flrs. UNIT #2 -3 beds, 1 bath, large kit w/ dining space, & hdwd flrs. UNIT #3 - 2 beds, 1.25 baths, an updated kitchen w/ eating bar, & a fabulous private patio. Access to the shared laundry is on the N side of the property. Parking for 4+ cars off the alley.

Additional Information

List Date
2023-04-11 00:00:00
Community
Eastlake
Net Operating Income
$48,462
Gross Adjusted Income
$67,800
Gross Scheduled Income
$67,800
Total Monthly Income
$5,650
Insurance Expenses
$2,672
Water/Sewer/Garbage Expenses
$4,081
Gross Rent Multiplier
21
Total Expenses
$19,337
Cap Rate
3.3
Vacancy Rate
3
Total Number of Units
3
Unit Name
2315
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1909
View
City, Lake, Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Gas Available, Patio
Electric Expenses
264
Energy Source
Electric, Natural Gas, Wood
School District
Seattle
Elementary School
Tops K-8
Middle School
Meany Mid
High School
Garfield High
Total Monthly Income
$5,650
Gross Scheduled Income
$67,800
Vacancy Rate
3
Gross Adjusted Income
$67,800
Tax Year
2023
Insurance Expense
$2,672
W/S/G Expenses
$4,081
Total Expenses
$19,337
Net Operating Income
$48,462
Gross Rent Multiplier
21
Cap Rate
3.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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