1713 Dexter Avenue N, Seattle, WA 98109

$8,950,000
14,626
SqFt

Listing courtesy of Westlake Associates, Inc..

List Price
$8,950,000
Status
ACTIVE
MLS#
1861629
Days on Market
84
Style
56 - 10+ Units
Finished SqFt
14,626
Area Total SqFt
14626
Lot Size (sq ft)
10,821

Property Description

The Dexter 18 is a luxuriously remodeled apartment building located on the East Side of Queen Anne Hill in Seattle. Every unit has been meticulously upgraded with modern finishes including beautiful quartz countertops, new cabinetry, luxury vinyl plank flooring, modern baseboard and paint, premium lights and fixtures all seamlessly integrated into MASSIVE floor plans. Every unit in the building has a view, some are panoramic, with about half of the units offering spacious decks overlooking Lake Union. The exterior of the building was given a full makeover including new siding, paint, windows, roof, decks and common areas. Dexter 18 provides an investor the opportunity to own a luxury building in an A+ location with premium views.

Additional Information

List Date
2021-11-04 18:34:09
Community
Westlake
Potential Terms
Cash Out
Year Built
1979
View
City, Lake, Partial
Roof
Flat
Site Features
Deck, Rooftop Deck
Heating/Cooling Type
Baseboard
Other Expenses
61181
Energy Source
Electric
School District
Seattle
Total Monthly Income
$46,230
Gross Scheduled Income
$554,760
Vacancy Rate
5
Gross Adjusted Income
$527,022
Tax Year
2021
Insurance Expense
$10,500
W/S/G Expenses
$24,000
Total Expenses
$151,144
Net Operating Income
$375,878
Gross Rent Multiplier
16
Cap Rate
4.2
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks