4416 Linden Avenue N, Seattle, WA 98103
- $2,025,000
- 4,898
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Sea to Sky Realty.
- 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
- Area Total SqFt
- 4898
- Annual Tax Ammount
- 13880
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2018-02-13
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.
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Additional Information
- List Date
- 2018-02-27 00:00:00
- Community
- Fremont
- Net Operating Income
- $69,935
- Gross Adjusted Income
- $106,510
- Gross Scheduled Income
- $108,684
- Total Monthly Income
- $9,057
- Insurance Expenses
- $2,958
- Water/Sewer/Garbage Expenses
- $7,127
- Gross Rent Multiplier
- 18
- Total Expenses
- $36,575
- Cap Rate
- 3.5
- Vacancy Rate
- 2
- Total Number of Units
- 7
- Unit Name
- 4416
- Potential Terms
- Cash Out
- Year Built
- 1912
- Roof
- Flat
- Other Expenses
- 12610
- School District
- Seattle
- Total Monthly Income
- $9,057
- Gross Scheduled Income
- $108,684
- Vacancy Rate
- 2
- Gross Adjusted Income
- $106,510
- 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
- 3.5
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