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Listing provided by John L. Scott Westwood, sold by Windermere R.E. Wall St. Inc.
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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 | 3/15/2018 |
|---|---|---|---|
| YEAR BUILT | 1989 | COMMUNITY | Fairmount |
| COUNTY | King | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| Login to view Schools |
| 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 |
| OFFERS | Reviewed on OFFRD |
| OFFERS REVIEW DATE | 2018-02-01 |
| 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, sold by Windermere R.E. Wall St. Inc.
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, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 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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