2249 NE 46th Street, Seattle, WA 98105

$4,650,000
9,627
SqFt

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Listing courtesy of Westlake Associates, Inc..

List Price
$4,650,000
Status
ACTIVE
MLS#
2523446
Days on Market
153
Style
56 - 10+ Units
Finished SqFt
9,627
Area Total SqFt
9627
Annual Tax Ammount
57270
Lot Size (sq ft)
6,837
Sewer
Sewer Connected

Property Description

Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#

Additional Information

List Date
2026-02-23 21:43:11
Community
University District
Net Operating Income
$243,958
Gross Adjusted Income
$443,441
Gross Scheduled Income
$466,780
Total Monthly Income
$34,805
Insurance Expenses
$15,482
Water/Sewer/Garbage Expenses
$41,797
Gross Rent Multiplier
11.13
Total Expenses
$199,484
Cap Rate
5.25
Vacancy Rate
5
Total Number of Units
20
Unit Name
2249
Potential Terms
Assumable, Cash, Conventional
Year Built
2016
Roof
Flat
Other Expenses
84935
Energy Source
Electric
School District
Seattle
Total Monthly Income
$34,805
Gross Scheduled Income
$466,780
Vacancy Rate
5
Gross Adjusted Income
$443,441
Tax Year
2025
Insurance Expense
$15,482
W/S/G Expenses
$41,797
Total Expenses
$199,484
Net Operating Income
$243,958
Gross Rent Multiplier
11.13
Cap Rate
5.25
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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