605 Federal Avenue E, Seattle, WA 98102

$1,400,000
3,344
SqFt

Listing courtesy of Allison James Estates & Homes. Selling Office: Merlion Homes.

Sold Price
$1,400,000
List Price
$1,299,000
Status
SOLD
MLS#
1006222
Closing Date
Oct 06, 2016
Days on Market
17
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,344
Area Total SqFt
3344
Annual Tax Ammount
8481
Lot Size (sq ft)
4,400
Sewer
Sewer Connected

Property Description

Wonderful wood frame 4-plex on great street in Capitol Hill! Incredible location just steps to Broadway for fun shops, restaurants, market and more. Units are large. Square footage (835) is approx. Each with 2 bedrooms, formal dining rooms, kitchen, full baths and great storage and closets. Hardwood floors, tiled bath floors.Full basement houses coin-op washer and dryer, utility room and more storage.Great investment. Zone is LR-3.Good size backyard.Pre inspected!Please do not disturb tenants.

Additional Information

List Date
2016-09-19 00:00:00
Community
Capitol Hill
Net Operating Income
$65,419
Gross Adjusted Income
$65,419
Gross Scheduled Income
$79,440
Total Monthly Income
$6,620
Insurance Expenses
$1,400
Water/Sewer/Garbage Expenses
$4,140
Gross Rent Multiplier
16
Total Expenses
$14,021
Cap Rate
5
Total Number of Units
4
Unit Name
605
Potential Terms
Cash Out, Conventional
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Shop
School District
Seattle
Total Monthly Income
$6,620
Gross Scheduled Income
$79,440
Gross Adjusted Income
$65,419
Tax Year
2016
Insurance Expense
$1,400
W/S/G Expenses
$4,140
Total Expenses
$14,021
Net Operating Income
$65,419
Gross Rent Multiplier
16
Cap Rate
5
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