4300 NE 55th St, Seattle, WA 98105

$3,000,000

Listing courtesy of The Foundation Group LLC. Selling Office: .

Sold Price
$3,000,000
List Price
$3,500,000
Status
SOLD
MLS#
1201046
Closing Date
Feb 28, 2018
Days on Market
15
Style
55 - 5-9 Units
Lot Size (sq ft)
6,774

Property Description

•Rare Sandpoint Location•1,650sf Penthouse•Quality Throughout•One Block from Interurban Trail•Wood Burning Fireplaces•Washer & Dryers in Units•Garage Parking•Upside in Rents•Close to Children’s Hospital Building is fully occupied with long term tenants. Its important to the owner that we respect the fact that this is their home. Contact agent for details on showing and submitting offers, and when doing any inspections refrain from talking about the sale. Thanks for your cooperation.

Additional Information

List Date
2017-09-28 00:00:00
Community
Sand Point
Property Type
MULT
Units
8
Stories
4
Potential Terms
Conventional
Year Built
1989
Total Parking
8
Exterior
Metal/Vinyl
Roof
Composition
School District
Seattle
Total Monthly Income
$12,090
Gross Scheduled Income
$145,080
Vacancy Rate
3
Gross Adjusted Income
$140,728
Annual Taxes
$18,849
Tax Year
2016
Insurance Expense
$3,873
W/S/G Expenses
$6,316
Total Expenses
$41,577
Net Operating Income
$99,151
Gross Rent Multiplier
24
Cap Rate
2

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
670
Unit 1 Rent
$1,125
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
670
Unit 2 Rent
$1,325
Unit 3 Beds
2
Unit 3 Baths
2.00
Unit 3 Size
1130
Unit 3 Rent
$1,595
Unit 4 Beds
2
Unit 4 Baths
2.00
Unit 4 Size
1130
Unit 4 Rent
$1,710
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
670
Unit 5 Rent
$1,550
Unit 6 Beds
2
Unit 6 Baths
2.00
Unit 6 Size
1130
Unit 6 Rent
$1,575
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.

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