2807 22nd Avenue W, Seattle, WA 98199
- $740,000
- 1,776
- SqFt
Listing courtesy of Lake & Company. Selling Office: Lake & Company.
- Sold Price
- $740,000
- List Price
- $795,000
- Status
- SOLD
- MLS#
- 1207899
- Closing Date
- Nov 08, 2017
- Days on Market
- 6
- Style
- 54 - 4-Plex
- Building Condition
- Fixer
- Finished SqFt
- 1,776
- Area Total SqFt
- 1776
- Annual Tax Ammount
- 6480
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2017-10-23
Property Description
Rare side-by-side 4 plex w/great re-hab potential. Units are 1bed/1bath. View from sidewalk only. DO NOT disturb tenants or walk the property. No Sign. No Access. Sold As-Is. Lots of upside potential to restore these perfectly located, under rented, units. Zoning is SF 5000. Land use is multi family. Lot/matching building next door @2801 is also available, listing #1207880. Call helpful LB's with any questions.
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Additional Information
- List Date
- 2017-11-02 00:00:00
- Community
- Interbay
- Net Operating Income
- $17,231
- Gross Adjusted Income
- $29,250
- Gross Scheduled Income
- $39,000
- Total Monthly Income
- $3,250
- Insurance Expenses
- $975
- Water/Sewer/Garbage Expenses
- $3,182
- Gross Rent Multiplier
- 27
- Total Expenses
- $12,019
- Cap Rate
- 2
- Vacancy Rate
- 25
- Total Number of Units
- 4
- Unit Name
- 2807
- Potential Terms
- Conventional
- Year Built
- 1955
- Roof
- Composition
- Electric Expenses
- 273
- Other Expenses
- 2700
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,250
- Gross Scheduled Income
- $39,000
- Vacancy Rate
- 25
- Gross Adjusted Income
- $29,250
- Tax Year
- 2017
- Insurance Expense
- $975
- W/S/G Expenses
- $3,182
- Total Expenses
- $12,019
- Net Operating Income
- $17,231
- Gross Rent Multiplier
- 27
- Cap Rate
- 2
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