530 S Cloverdale Street, Seattle, WA 98108
- $1,915,000
- 10,335
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,915,000
- List Price
- $1,950,000
- Status
- SOLD
- MLS#
- 1205707
- Closing Date
- Jan 12, 2018
- Days on Market
- 24
- Style
- 56 - 10+ Units
- Finished SqFt
- 10,335
- Area Total SqFt
- 10335
- Annual Tax Ammount
- 13076
- Lot Size (sq ft)
- 12,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2017-10-26
Property Description
Attractive 15 unit building located in the South Park neighborhood, only 4 blocks from the neighborhood retail and service district and area amenities. Originally built in 1967 around a central outdoor courtyard that was recently covered with a large sunroof allowing sunlight to enter while sheltering it from rain. The building has new Milgard vinyl, double paned windows. The building offers a marblecrete exterior, vinyl flooring, wood cabinets and laminate counter tops.
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Additional Information
- List Date
- 2017-12-19 00:00:00
- Community
- South Park
- Net Operating Income
- $88,450
- Gross Adjusted Income
- $157,439
- Gross Scheduled Income
- $162,308
- Total Monthly Income
- $13,526
- Insurance Expenses
- $4,450
- Water/Sewer/Garbage Expenses
- $21,983
- Gross Rent Multiplier
- 12
- Total Expenses
- $68,989
- Cap Rate
- 4.54
- Vacancy Rate
- 3
- Total Number of Units
- 15
- Unit Name
- 530
- Potential Terms
- Cash Out
- Year Built
- 1967
- Roof
- Flat
- Other Expenses
- 29480
- School District
- Seattle
- Total Monthly Income
- $13,526
- Gross Scheduled Income
- $162,308
- Vacancy Rate
- 3
- Gross Adjusted Income
- $157,439
- Tax Year
- 2017
- Insurance Expense
- $4,450
- W/S/G Expenses
- $21,983
- Total Expenses
- $68,989
- Net Operating Income
- $88,450
- Gross Rent Multiplier
- 12
- Cap Rate
- 4.54
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