Phoebe Underwod
Phoebe Underwood
206-501-7837206-501-7837

5215 38th Ave SW, Seattle, WA 98126 (MLS # 1234571)

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Listing provided by John L. Scott Westwood

PRICE $1,150,000
BEDS 8
BATHS 4 baths
HOME SIZE 3,424 sq ft
LOT SIZE 4,801 sqft

Great investment opportunity in fantastic Fairmount neighborhood located on quiet street just north of Fairmount Park. This 4-plex offers 4 860 square foot units all 2 bed, 1 bath, all with in unit washer/dryers and each with a parking stall. 3 of the 4 units have been updated with newer appliances, counters and flooring. Low maintenance exterior with vinyl siding, newer roof, vinyl windows. All rents are month to month and very low for the area which is conveniently close to C lines/ Junction

DAYS ON MARKET Login to view Days on Market LAST UPDATED 2/15/2018
YEAR BUILT 1989 COMMUNITY Fairmount
COUNTY King STATUS Pending
PROPERTY TYPE(S) Multi Family

SCHOOLS
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ADDITIONAL DETAILS
AMENITIES Thermal Windows
ANNUAL TAXES 8005
APN 3259400045
AREA 140 - West Seattle
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 0.00, 0.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Very Good
CAP RATE (NOI / LP) 3.00
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Metal/Vinyl
FLOOR COVERING Laminate Hardwood, Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 49500
GROSS RENT MULTIPLIER 23
GROSS SCHEDULED INCOME 49500
HEATING AND COOLING Wall
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 2123
LEASED ITEMS None
LOT DETAILS Curbs, Dead End Street, Paved Street, Sidewalk
NET OPERATING INCOME 33372
OTHER EXPENSES 0
POSSESION Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Cable TV
SQUARE FEET UNIT 1 860
SQUARE FEET UNIT 2 860
SQUARE FEET UNIT 3 860
SQUARE FEET UNIT 4 860
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 54 - 4-Plex
TAX YEAR 2017
TOTAL EXPENSES 16128
TOTAL MONTHLY INCOME 4125
TOTAL NUMBER OF PARKING SPACES 4
UNITS BELOW GRADE N
VACANCY RATE 0
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 Y
WATER COMPANY City of SEA
WATER SOURCE Public
Listing provided by John L. Scott Westwood

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2018. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2018 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by John L Scott Real Estate/Westwood and should be verified by the buyer.
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ZESTIMATE
$1,133,039  5215 38th Ave SW, Seattle, WA

RENT ZESTIMATE
$2050 / mo.  5215 38th Ave SW, Seattle, WA

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