823 Nob Hill Avenue N, Seattle, WA 98109

$1,285,000
2,400
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Fly Homes.

Sold Price
$1,285,000
List Price
$1,200,000
Status
SOLD
MLS#
1114742
Closing Date
Jun 14, 2017
Days on Market
12
Style
54 - 4-Plex
Finished SqFt
2,400
Area Total SqFt
2400
Annual Tax Ammount
9772
Lot Size (sq ft)
2,064
Sewer
Sewer Connected
Offer Review Date
2017-05-09

Property Description

Phenomenally located turn-key fourplex with views of downtown and the Space Needle. Value-add and rent upside opportunity. Each 1 bd/1 bth unit has its own floor for privacy and noise reduction and an excellent open floorplan. Each unit has a washer and dryer, complete appliance package with dishwasher. Common shared entertainment deck between 2nd and 3rd floors. Private patio and on-site parking for 2. See marketing package for additional information.

Additional Information

List Date
2017-06-02 00:00:00
Community
Queen Anne
Net Operating Income
$43,228
Gross Adjusted Income
$63,554
Gross Scheduled Income
$65,520
Total Monthly Income
$5,460
Insurance Expenses
$2,050
Water/Sewer/Garbage Expenses
$5,149
Gross Rent Multiplier
18
Total Expenses
$20,326
Cap Rate
3.6
Vacancy Rate
3
Total Number of Units
4
Unit Name
823
Potential Terms
Cash Out
Year Built
1986
Roof
Composition
Other Expenses
3355
School District
Seattle
Total Monthly Income
$5,460
Gross Scheduled Income
$65,520
Vacancy Rate
3
Gross Adjusted Income
$63,554
Tax Year
2017
Insurance Expense
$2,050
W/S/G Expenses
$5,149
Total Expenses
$20,326
Net Operating Income
$43,228
Gross Rent Multiplier
18
Cap Rate
3.6
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