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

2371 48th Ave SW, Seattle, WA 98116 (MLS # 1390148)

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Listing provided by John L. Scott Westwood

PRICE $1,800,000
BEDS 10
BATHS 6 baths
HOME SIZE 2,620 sq ft
LOT SIZE 11,088 sqft

2 side x side retro mid-century triplexes. 6 units 2365 & 2371 48th SW, 2 more contiguous triplexes available, listing No. 1389930 North Admiral near Alki and Junction. Some units have LVT floors, Quartz Counter. All have fresh paint, original birch cabinets & tiles. 4 buildings available on 9 lots. Potential to build up to 21 units. Meticulously maintained, with updates and mid-century style. All units are non-smoking, with DW, Micro, Self-Clean Range and coin laundry, huge storage rooms

DAYS ON MARKET Login to view Days on Market LAST UPDATED 5/15/2019
TRACT West Seattle Park YEAR BUILT 1959
COMMUNITY Admiral COUNTY King
STATUS Pending PROPERTY TYPE(S) Multi Family

SCHOOLS
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ADDITIONAL DETAILS
AMENITIES Coin Op Laundry, Storage
ANNUAL TAXES 13180
APN 9281200255
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 1.00, 1.00
BATHROOMS6 1.00, 1.00
BEDROOMS1 2
BEDROOMS2 1
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 1
BEDROOMS6 2
BUILDING CONDITION Very Good
CAP RATE (NOI / LP) 5.00
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
DISHWASHER5 Y
DISHWASHER6 Y
ELECRICAL EXPENSES 986
ENERGY SOURCE Electric
EXTERIOR Brick, Wood
FLOOR COVERING Laminate Hardwood, Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 112380
GROSS RENT MULTIPLIER 16
GROSS SCHEDULED INCOME 112380
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 1706
LEASED ITEMS None, Washer/Dryer
LOT 1-5
LOT DETAILS Corner Lot, Curbs, Paved Street, Sidewalk
LOT DIMENSIONS (56 x 99)x2
NET OPERATING INCOME 88652
OFFERS Reviewed on receipt
OTHER EXPENSES 0
POSSESION Closing, Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional
PROJECT West Seattle Park
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
RANGE/OVEN6 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
REFRIGERATOR6 Y
ROOF Built-Up, Composition
SEWER Sewer Connected
SQUARE FEET UNIT 1 730
SQUARE FEET UNIT 2 590
SQUARE FEET UNIT 3 730
SQUARE FEET UNIT 4 730
SQUARE FEET UNIT 5 590
SQUARE FEET UNIT 6 730
STYLE 53 - Tri-plex
TAX YEAR 2017
TOTAL EXPENSES 23728
TOTAL MONTHLY INCOME 9365
TOTAL NUMBER OF PARKING SPACES 6
UNITS BELOW GRADE N
VACANCY RATE 0
WASHER/DRYER1 N
WASHER/DRYER2 N
WASHER/DRYER3 N
WASHER/DRYER4 N
WASHER/DRYER5 N
WASHER/DRYER6 N
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, 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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ZESTIMATE
$1654871  2371 48th Ave SW, Seattle, WA

RENT ZESTIMATE
$2999 / mo.  2371 48th Ave SW, Seattle, WA

81 Very Walkable



 
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