3400 37th Avenue SW, Seattle, WA 98126
- $1,192,500
- 4,386
- SqFt
Listing courtesy of RE/MAX Northwest Realtors. Selling Office: Keller Williams Tacoma.
- Sold Price
- $1,192,500
- List Price
- $1,195,000
- Status
- SOLD
- MLS#
- 1175603
- Closing Date
- Oct 11, 2017
- Days on Market
- 24
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,386
- Area Total SqFt
- 4386
- Annual Tax Ammount
- 10481
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Great opportunity to invest in West Seattle, well maintained 4-plex, amazing location, amazing views and huge income potential. Well maintained, rents are currently lower than market with great tenants. Units 1 and 2 are top floor with sweeping views of city and Rainier. 3 and 4 have great views as well. All units have large decks. 3 hot water tanks, 3 panels. Lower basement level is enormous with great potential as 5th unit. Laundry room. Green space. Easy street parking.
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Additional Information
- List Date
- 2017-09-17 00:00:00
- Community
- West Seattle
- Net Operating Income
- $45,888
- Gross Adjusted Income
- $45,888
- Gross Scheduled Income
- $64,680
- Total Monthly Income
- $5,165
- Insurance Expenses
- $2,257
- Water/Sewer/Garbage Expenses
- $4,250
- Gross Rent Multiplier
- 18
- Total Expenses
- $8,500
- Cap Rate
- 3.84
- Vacancy Rate
- 10
- Total Number of Units
- 4
- Unit Name
- 3400
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1926
- View
- City, Mountain(s), Sound, Territorial
- Roof
- Composition
- Site Features
- Shop
- Electric Expenses
- 4250
- Other Expenses
- 1
- School District
- Seattle
- Total Monthly Income
- $5,165
- Gross Scheduled Income
- $64,680
- Vacancy Rate
- 10
- Gross Adjusted Income
- $45,888
- Tax Year
- 2017
- Insurance Expense
- $2,257
- W/S/G Expenses
- $4,250
- Total Expenses
- $8,500
- Net Operating Income
- $45,888
- Gross Rent Multiplier
- 18
- Cap Rate
- 3.84
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