2237 NW 62nd Street, Seattle, WA 98107

$1,700,000
4,184
SqFt

Listing courtesy of RE/MAX Northwest Realtors. Selling Office: RE/MAX Northwest Realtors.

Sold Price
$1,700,000
List Price
$1,575,000
Status
SOLD
MLS#
1221458
Closing Date
Jan 10, 2018
Days on Market
11
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
4,184
Area Total SqFt
4184
Annual Tax Ammount
10980
Lot Size (sq ft)
5,000
Sewer
Sewer Connected
Offer Review Date
2017-12-19

Property Description

Rare purpose-built apartment building. This 4-plex has the amenities of a much larger building. Secure, private entry, private garage for each unit, building has fire sprinkler system, quality stucco exterior and tile roof. Amazing location and great unit mix (1) 1 Bdr/1 Bth, (2) 2 Bdr/1.75 Bth, (1) 3 Bdr/1.75 Bth. Each unit has a deck or patio, ensuite washer and dryer, private garage and secure entry. This is a high demand building and location for both owners and tenants.

Additional Information

List Date
2017-12-30 00:00:00
Community
Ballard
Net Operating Income
$62,866
Gross Adjusted Income
$82,032
Gross Scheduled Income
$82,032
Total Monthly Income
$6,836
Insurance Expenses
$1,889
Water/Sewer/Garbage Expenses
$4,442
Gross Rent Multiplier
19
Total Expenses
$19,166
Cap Rate
4
Total Number of Units
4
Unit Name
2237
Potential Terms
Cash Out, Conventional
Year Built
1984
Roof
Tile
Other Expenses
1855
School District
Seattle
Total Monthly Income
$6,836
Gross Scheduled Income
$82,032
Gross Adjusted Income
$82,032
Tax Year
2017
Insurance Expense
$1,889
W/S/G Expenses
$4,442
Total Expenses
$19,166
Net Operating Income
$62,866
Gross Rent Multiplier
19
Cap Rate
4
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks