2233 NE 46th Street, Seattle, WA 98105
- $6,250,000
- 21,528
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $6,250,000
- Status
- ACTIVE
- MLS#
- 2523459
- Days on Market
- 243
- Style
- 56 - 10+ Units
- Finished SqFt
- 21,528
- Area Total SqFt
- 21528
- Annual Tax Ammount
- 72833
- Lot Size (sq ft)
- 10,391
- Sewer
- Sewer Connected
Property Description
Built in 1960, The Bayview consists of 27 well-maintained units featuring a mix of studios, one-bedroom, and two-bedroom apartments. Each unit offers hardwood floors, large windows, and updated appliances. The property includes common laundry facilities, secured tenant storage, and ample on-site parking on the east side of the building. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#2523446.
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Additional Information
- List Date
- 2025-11-25 21:59:12
- Community
- University District
- Net Operating Income
- $363,219
- Gross Adjusted Income
- $589,584
- Gross Scheduled Income
- $620,615
- Total Monthly Income
- $51,717
- Insurance Expenses
- $20,076
- Water/Sewer/Garbage Expenses
- $29,361
- Gross Rent Multiplier
- 11.6
- Total Expenses
- $226,366
- Cap Rate
- 5.8100000000000005
- Vacancy Rate
- 5
- Total Number of Units
- 27
- Unit Name
- 2233
- Potential Terms
- Assumable, Cash, Conventional
- Year Built
- 1960
- Roof
- Flat
- Other Expenses
- 104096
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $51,717
- Gross Scheduled Income
- $620,615
- Vacancy Rate
- 5
- Gross Adjusted Income
- $589,584
- Tax Year
- 2025
- Insurance Expense
- $20,076
- W/S/G Expenses
- $29,361
- Total Expenses
- $226,366
- Net Operating Income
- $363,219
- Gross Rent Multiplier
- 11.6
- Cap Rate
- 5.8100000000000005
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.