4416 Linden Ave N, Seattle, WA 98103

$2,025,000
4,898
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: .

Sold Price
$2,025,000
List Price
$2,000,000
Status
SOLD
MLS#
1239722
Closing Date
Mar 12, 2018
Days on Market
13
Style
55 - 5-9 Units
Finished SqFt
4,898
Lot Size (sq ft)
5,000

Property Description

The Strandt Apartments is a well maintained 7-unit apartment building with updates throughout. Situated in the very walkable and amenity rich Fremont neighborhood, the Strandt offers residents a residential feel with access to the employment centers of Fremont, South Lake Union and Downtown Seattle. This property offers a buyer an opportunity to purchase a partially renovated building with rental upside in a fantastic location.

Additional Information

List Date
2018-02-02 00:00:00
Community
Fremont
Property Type
MULT
Units
7
Stories
2
Potential Terms
Cash Out
Year Built
1912
Total Parking
6
Uncovered Parking
6
Exterior
Wood
Roof
Flat
School District
Seattle
Total Monthly Income
$9,057
Gross Scheduled Income
$108,684
Vacancy Rate
2
Gross Adjusted Income
$106,510
Annual Taxes
$13,880
Tax Year
2017
Insurance Expense
$2,958
W/S/G Expenses
$7,127
Total Expenses
$36,575
Net Operating Income
$69,935
Gross Rent Multiplier
18
Cap Rate
3

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
675
Unit 1 Rent
$950
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
675
Unit 2 Rent
$1,442
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
675
Unit 3 Rent
$1,050
Unit 4 Baths
1.00
Unit 4 Size
418
Unit 4 Rent
$900
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
675
Unit 5 Rent
$1,075
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
800
Unit 6 Rent
$1,750

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

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.