20041 Forest Park Dr NE, Shoreline, WA 98155

$894,500
3,954
SqFt

Listing courtesy of List4FlatFee.com, LLC.

List Price
$894,500
Status
ACTIVE
MLS#
1215980
Days on Market
14
Style
53 - Tri-plex
Finished SqFt
3,954
Lot Size (sq ft)
7,335

Property Description

Multi-family home conveniently located in Shoreline, WA situated on the peaceful McAleer Creek. This triplex sits on a 7,335 sq ft lot and offers an exciting opportunity to own a well-maintained asset. Unit 20041: 1,454 sq ft, 3 beds, 2 baths; Unit 20043: 1,480 sq ft, 3 beds, 2.5 baths; Unit 20041A: 810sq ft, 2 beds, 1 bath. Two garages and parking along the street. All units currently occupied by renters.

Additional Information

List Date
2017-11-07 00:00:00
Community
Forest Park
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, VA
Year Built
1983
Waterfront
Yes
View
See Remarks
Exterior
Wood
Roof
Composition
Lot Details
Paved Street
School District
Shoreline
Total Monthly Income
$4,000
Gross Scheduled Income
$46,670
Gross Adjusted Income
$46,670
Annual Taxes
$5,772
Tax Year
2017
Insurance Expense
$1,503
W/S/G Expenses
$3,658
Total Expenses
$15,533
Net Operating Income
$31,137
Gross Rent Multiplier
19
Cap Rate
3

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1454
Unit 1 Rent
$1,500
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
810
Unit 2 Rent
$1,100
Unit 3 Beds
3
Unit 3 Baths
2.50
Unit 3 Size
1480
Unit 3 Rent
$1,400

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. DMCA information