Dravus Street 4 Plex | 2110 W Dravus St
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Dravus Street 4 Plex 2110 W Dravus St
5 Unit Block of Flats £1,954,560 (£390,912/Unit) 4.10% Net Initial Yield Seattle, WA 98199
Executive Summary
This stunning like-new 4-Unit modern complex was built in 2015 & showcases beautiful city & territorial views. Units include bright interiors, designer kitchens w/quartz counters, flowing hardwoods, under-mount sinks & Canyon Creek Cabinetry. All 4 units leased in 2023+2024 have Ductless AC/heat, hot water tanks, private washers/dryers & kitchen appliances. Currently 3/4 units leased, unit 2 staged for showing! Enjoy a video intercom secured entry & fire sprinklers. Terraced patios for year-round fun. Main level 2 bedroom work/live w/front flex space. 2nd floor 1 bedroom & 2 bedroom units. 3rd floor 3 bedroom penthouse. An unbeatable location in the heart of it all, close to the popular Burke Gilman Trail, shopping dining & more!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £103,377 | £21.63 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £103,377 | £21.63 |
Taxes | £13,507 | £2.83 |
Operating Expenses | £10,246 | £2.14 |
Total Expenses | £23,754 | £4.97 |
Net Operating Income | £79,624 | £16.66 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £103,377 |
Annual Per SF | £21.63 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £103,377 |
Annual Per SF | £21.63 |
Taxes | |
---|---|
Annual | £13,507 |
Annual Per SF | £2.83 |
Operating Expenses | |
---|---|
Annual | £10,246 |
Annual Per SF | £2.14 |
Total Expenses | |
---|---|
Annual | £23,754 |
Annual Per SF | £4.97 |
Net Operating Income | |
---|---|
Annual | £79,624 |
Annual Per SF | £16.66 |
Property Facts
Price | £1,954,560 | Building Class | B |
Price Per Unit | £390,912 | Lot Size | 0.06 AC |
Sale Type | Investment | Building Size | 4,780 SF |
Net Initial Yield | 4.10% | Number of Floors | 3 |
No. Units | 5 | Year Built | 2015 |
Property Type | Residential | Parking Ratio | 0.63/1,000 SF |
Property Subtype | Apartment |
Price | £1,954,560 |
Price Per Unit | £390,912 |
Sale Type | Investment |
Net Initial Yield | 4.10% |
No. Units | 5 |
Property Type | Residential |
Property Subtype | Apartment |
Building Class | B |
Lot Size | 0.06 AC |
Building Size | 4,780 SF |
Number of Floors | 3 |
Year Built | 2015 |
Parking Ratio | 0.63/1,000 SF |
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+2 | 1 | £1,995 | 810 |
1+1 | 1 | £1,651 | 560 |
3+2 | 1 | £2,801 | 1,326 |
2+1 | 1 | £1,944 | 1,300 |
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Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
Parcel Number | 277060-1875 | Total Assessment | £1,442,838 |
Land Assessment | £387,313 | Annual Taxes | £13,507 (£2.83/sf) |
Improvements Assessment | £1,055,525 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
277060-1875
Land Assessment
£387,313
Improvements Assessment
£1,055,525
Total Assessment
£1,442,838
Annual Taxes
£13,507 (£2.83/sf)
Tax Year
2023
zoning
Zoning Code | NC2P-55 (M (NC2P55 (M)) |
NC2P-55 (M (NC2P55 (M)) |
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Dravus Street 4 Plex | 2110 W Dravus St
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