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#2447254.
Property Features
Bedrooms
Heating and Cooling
- Heating Features: Wall
- Heating Fuel: Electric
- Heating: Yes
- Number of Fireplaces: 0
Interior Features
- Flooring: Laminate Tile, Vinyl Plank
Garage and Parking
- Carport Spaces: 6
- Covered Spaces: 0
- Open Parking: No
- Parking Total: 6
Land Info
- Lot Description: Paved, Sidewalk
- Lot Size Acres: 0.157
- Lot Size Square Feet: 6837
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Rental Info
- Gross Scheduled Income: 422040
- Leasable Area: 9627
Multi-Unit Info
- Number of Units: 20
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 0
- Bedrooms in Unit-3: 0
- Bedrooms in Unit-4: 0
- Bedrooms in Unit-5: 1
- Bedrooms in Unit-6: 2
- Bedrooms in Unit-7: 0
- Bedrooms in Unit-8: 0
- Bedrooms in Unit-9: 0
- Bedrooms in Unit-10: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Total Bathrooms in Unit-6: 1
- Total Bathrooms in Unit-7: 1
- Total Bathrooms in Unit-8: 1
- Total Bathrooms in Unit-9: 1
- Total Bathrooms in Unit-10: 1
- Unit-1 Square Feet: 633
- Unit-2 Square Feet: 379
- Unit-3 Square Feet: 444
- Unit-4 Square Feet: 402
- Unit-5 Square Feet: 585
- Unit-6 Square Feet: 633
- Unit-7 Square Feet: 379
- Unit-8 Square Feet: 444
- Unit-9 Square Feet: 402
- Unit-10 Square Feet: 585
- Unit 1 Total Actual Rent: 2525
- Unit 2 Total Actual Rent: 1675
- Unit 3 Total Actual Rent: 1680
- Unit 4 Total Actual Rent: 1495
- Unit 5 Total Actual Rent: 1865
- Unit 6 Total Actual Rent: 2495
- Unit 7 Total Actual Rent: 1690
- Unit 8 Total Actual Rent: 1395
- Unit 9 Total Actual Rent: 1525
- Unit 10 Total Actual Rent: 1795
School Information
- High School District: Seattle
- School District: Seattle
Other Property Info
- Annual Tax Amount: 49706
- Source Listing Status: Active
- County: King
- Cap Rate: 5.29
- Directions: On I-5 N, take exit 169 for NE 45th St. Turn left on 20th Ave NE, right on NE 47th St which becomes 22nd Ave NE. Stay right and turn left onto NE 46th St. Site is on right.
- Tax Year: 2025
- Other Expense: 73120
- Source Property Type: Multi Family
- Insurance Expense: 14659
- Area: 710 - North Seattle
- List Development Name: University District
- Source Neighborhood: University District
- Parcel Number: 0925049098
- Subdivision: University District
Commercial Info
- Net Operating Income: 265626
- Operating Expense: 178305
Building and Construction
- Year Built: 2016
- Building Area Total: 9627
- Building Area Units: Square Feet
- Construction Materials: Metal/Vinyl, Wood, Metal/Vinyl, Wood
- Property Age: 10
- Roof: Flat
- Building Total Stories: 4
- Structure Type: Multi Family
- House Style: 10+ Units
- Elevation Units: Feet
Utilities
- Power Production Type: Electric
- Sewer: Sewer Connected
