8412 Delridge Way SW, Seattle, WA 98106

$1,950,000
8,907
SqFt

Listing courtesy of Capitol Realty & Investments. Selling Office: Paragon Real Estate Advisors.

Sold Price
$1,950,000
List Price
$1,950,000
Status
SOLD
MLS#
1070465
Closing Date
Aug 22, 2017
Days on Market
324
Style
56 - 10+ Units
Finished SqFt
8,907
Area Total SqFt
8907
Annual Tax Ammount
11627
Lot Size (sq ft)
10,382
Sewer
Sewer Connected

Property Description

This is a very quiet, metal gated with camera monitored, living environment. 13 Units - 7 two-bed, one bath, 2 one-bed, one bath & 4 studio, one bath units. Rooms are good sized and well cared for. Many improvements with a newer sloped roof in order to avoid any standing water. Only 10 minutes to downtown Seattle. Listing agent has a partnership financial interest on the building. Reflected income data is based on income earned, as of March 1, 2017.

Additional Information

List Date
2016-10-02 00:00:00
Community
Delridge
Net Operating Income
$109,013
Gross Adjusted Income
$143,400
Gross Scheduled Income
$143,400
Total Monthly Income
$11,950
Insurance Expenses
$3,300
Water/Sewer/Garbage Expenses
$18,600
Gross Rent Multiplier
14
Total Expenses
$34,387
Cap Rate
5.6
Total Number of Units
13
Unit Name
8412
Potential Terms
Cash Out, Conventional
Year Built
1979
Roof
Torch Down
Electric Expenses
860
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Seattle Public Sch
Total Monthly Income
$11,950
Gross Scheduled Income
$143,400
Gross Adjusted Income
$143,400
Tax Year
2016
Insurance Expense
$3,300
W/S/G Expenses
$18,600
Total Expenses
$34,387
Net Operating Income
$109,013
Gross Rent Multiplier
14
Cap Rate
5.6
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. Data last updated at .

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