3813 Aurora Avenue N, Seattle, WA 98103

$1,850,000
4,144
SqFt

Listing courtesy of Windermere Real Estate Midtown. Selling Office: Skyline Properties, Inc..

Sold Price
$1,850,000
List Price
$1,929,850
Status
SOLD
MLS#
1194146
Closing Date
Mar 01, 2018
Days on Market
100
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
4,144
Area Total SqFt
4144
Annual Tax Ammount
15012
Lot Size (sq ft)
2,473
Sewer
Sewer Connected

Property Description

Rare, 2015 built new-construction fourplex with Lake Union & Downtown Seattle views; blocks from the heart of Fremont & easy access to Wallingford, Green Lake, Phinney, Ballard, & Downtown Seattle. Beautiful modern style & finish. Strong rents with room to maximize (ask agent for projections). Turnkey; add to your portfolio & enjoy rent growth & asset appreciation in a hot Seattle neighborhood. Owner-occupants: Take advantage of great multi-family loan products & let others pay your mortgage.

Additional Information

List Date
2017-11-21 00:00:00
Community
Fremont
Net Operating Income
$82,266
Gross Adjusted Income
$108,834
Gross Scheduled Income
$112,200
Total Monthly Income
$9,350
Insurance Expenses
$1,940
Water/Sewer/Garbage Expenses
$6,252
Gross Rent Multiplier
18
Total Expenses
$27,768
Cap Rate
4.12
Vacancy Rate
3
Total Number of Units
4
Unit Name
3813
Potential Terms
Cash Out, Conventional
Year Built
2015
View
City, Lake, Territorial
Roof
Flat
Site Features
Cable TV, Deck, Sprinkler System
Other Expenses
4904
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,350
Gross Scheduled Income
$112,200
Vacancy Rate
3
Gross Adjusted Income
$108,834
Tax Year
2017
Insurance Expense
$1,940
W/S/G Expenses
$6,252
Total Expenses
$27,768
Net Operating Income
$82,266
Gross Rent Multiplier
18
Cap Rate
4.12
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