1547 NW 63rd St, Seattle, WA 98107
- $1,175,000
- 3,680
- SqFt
Listing courtesy of RE/MAX Northwest Realtors. Selling Office: Urban Commercial Partners, LLC.
- Sold Price
- $1,175,000
- List Price
- $1,175,000
- Status
- SOLD
- MLS#
- 1177273
- Closing Date
- Oct 23, 2017
- Days on Market
- 19
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 3,680
- Area Total SqFt
- 3680
- Annual Tax Ammount
- 7281
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Well established triplex with 2 car garage and additional 2 off street parking spaces. Two private back yards. 5,000 sq. ft. lot gives lots of potential for redevelopment into town homes. Sale failed due to Buyer financing. Viewing with signed Purchase and Sale Agreement only. Highest and best use is likely redevelopment of the LR1, 5,000 square foot lot either now or in the future. City tells Seller that 4 townhomes can be built on this lot similar to many others in area (Buyer to verify).
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Additional Information
- List Date
- 2017-10-04 00:00:00
- Community
- Ballard
- Net Operating Income
- $38,693
- Gross Adjusted Income
- $51,744
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $4,400
- Insurance Expenses
- $800
- Water/Sewer/Garbage Expenses
- $3,527
- Gross Rent Multiplier
- 22
- Total Expenses
- $13,051
- Cap Rate
- 3.29
- Vacancy Rate
- 2
- Total Number of Units
- 3
- Unit Name
- 1547
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1959
- View
- Mountain(s), Partial, See Remarks, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially
- Other Expenses
- 1443
- School District
- Seattle
- Total Monthly Income
- $4,400
- Gross Scheduled Income
- $52,800
- Vacancy Rate
- 2
- Gross Adjusted Income
- $51,744
- Tax Year
- 2017
- Insurance Expense
- $800
- W/S/G Expenses
- $3,527
- Total Expenses
- $13,051
- Net Operating Income
- $38,693
- Gross Rent Multiplier
- 22
- Cap Rate
- 3.29
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