4050 Delridge Wy SW, Seattle, WA 98106

$1,000,000
2,850
SqFt

Listing courtesy of Windermere R.E. Wall St. Inc.. Selling Office: .

Sold Price
$1,000,000
List Price
$899,000
Status
SOLD
MLS#
1218104
Closing Date
Jan 24, 2018
Days on Market
9
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
2,850
Lot Size (sq ft)
6,120

Property Description

INVESTOR OR DEVELOPERS ALERT! Legal 4-plex in very desirable North Delridge. Land is zoned NC1 40 which offers many possibilities. Building is roman brick with 2/2 bedroom and 2/1 bedroom units, each having its own fireplace. The 2 Bedrooms (one fully remodeled) have their own private patios. Lots of off street parking, new roof December 2015, 5.56 CAP & fully occupied. Minutes to downtown Seattle, Alki Beach, the Junction, restaurant's, shopping. Bus lines very close! See pics for more info.

Additional Information

List Date
2017-11-13 00:00:00
Community
Delridge
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1950
Total Parking
6
Uncovered Parking
6
Exterior
Brick
Roof
Composition
Site Features
['Deck']
Lot Details
Curbs, Paved Street, Sidewalk, Value In Land
School District
Seattle
Total Monthly Income
$5,057
Gross Scheduled Income
$60,688
Gross Adjusted Income
$60,688
Annual Taxes
$4,695
Tax Year
2017
Insurance Expense
$2,509
W/S/G Expenses
$2,200
Total Expenses
$9,944
Net Operating Income
$50,744
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
672
Unit 1 Rent
$1,000
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
753
Unit 2 Rent
$1,450
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
672
Unit 3 Rent
$1,000
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
753
Unit 4 Rent
$1,500

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
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Calculator source: Real Geeks

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