531 S Cloverdale St, Seattle, WA 98108

$737,500
2,180
SqFt

Listing courtesy of NWG Real Estate.

List Price
$737,500
Status
PENDING
MLS#
1215701
Days on Market
20
Style
53 - Tri-plex
Building Condition
Average
Finished SqFt
2,180
Lot Size (sq ft)
9,000

Property Description

One of two adjacent Triplex in the heart of South Park. Sold separately or as an assemblage. Triplex consists: one 1 Bedroom/1 Bath unit and two 2 Bedroom/1 Bath units. Be a part of the transformation of South Park w/ a number of revitalization projects underway. Situated on a 75x120 lot w/ alley access combined w/ 539 S Cloverdale St make for 18,000 of Zoned LR3 land. Possible Rowhome, Townhome or Apt development in the South Park Urban Village Overlay. Please do not disturb tenants.

Additional Information

List Date
2017-11-15 00:00:00
Community
South Park
Property Type
MULT
Units
3
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1943
Total Parking
3
Exterior
Wood, Wood Products
Roof
Composition
Site Features
Fenced-Partially
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$2,750
Gross Scheduled Income
$33,000
Vacancy Rate
3
Gross Adjusted Income
$32,010
Annual Taxes
$3,735
Tax Year
2017
Insurance Expense
$1,495
W/S/G Expenses
$4,090
Total Expenses
$13,712
Net Operating Income
$18,298

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Rent
$900
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Rent
$850
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Rent
$1,000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.