3816 13th Ave W, Seattle, WA 98119
- $1,555,000
- 3,060
- SqFt
Listing courtesy of Whitecap Real Estate. Selling Office: .
- Sold Price
- $1,555,000
- List Price
- $1,385,000
- Status
- SOLD
- MLS#
- 1229525
- Closing Date
- Jan 26, 2018
- Days on Market
- 9
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,060
- Lot Size (sq ft)
- 6,400
Property Description
This fourplex features individual walk up entrances, off street parking and views of the Ballard Bridge. The unit mix consists of two 2-bedroom units and two 1-bedroom units. Units 2-4 have been updated with newer countertops, lighting and bath fixtures. All units feature updated double pane windows. The upper units feature water facing balconies. Common area laundry & off-street parking included. A solid current investment with future development potential of 6,400 square foot LR3 lot.
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Additional Information
- List Date
- 2018-01-02 00:00:00
- Community
- Queen Anne
- Property Type
- MULT
- Units
- 4
- Stories
- 2
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1955
- Total Parking
- 4
- Uncovered Parking
- 4
- View
- Bay, Territorial
- Exterior
- Brick, Cement Planked
- Roof
- Composition
- School District
- Seattle
- Total Monthly Income
- $7,224
- Gross Scheduled Income
- $86,388
- Vacancy Rate
- 4
- Gross Adjusted Income
- $82,932
- Annual Taxes
- $9,722
- Tax Year
- 2017
- Insurance Expense
- $1,019
- W/S/G Expenses
- $5,400
- Total Expenses
- $16,141
- Net Operating Income
- $66,791
- Gross Rent Multiplier
- 16
- Cap Rate
- 4
Room Dimensions
- Unit 1 Beds
- 2
- Unit 1 Baths
- 1.00
- Unit 1 Size
- 850
- Unit 1 Rent
- $1,895
- Unit 2 Beds
- 2
- Unit 2 Baths
- 1.00
- Unit 2 Size
- 850
- Unit 2 Rent
- $1,995
- Unit 3 Beds
- 1
- Unit 3 Baths
- 1.00
- Unit 3 Size
- 700
- Unit 3 Rent
- $1,425
- Unit 4 Beds
- 1
- Unit 4 Baths
- 1.00
- Unit 4 Size
- 700
- Unit 4 Rent
- $1,495
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