3216 Fuhrman Ave E, Seattle, WA 98112

$3,600,000
4,695
SqFt

Listing courtesy of Windermere R.E. Northeast, Inc.

List Price
$3,600,000
Status
ACTIVE
MLS#
1246041
Days on Market
129
Style
55 - 5-9 Units
Building Condition
['Remodeled']
Finished SqFt
4,695
Lot Size (sq ft)
5,500

Property Description

6 unit Apartment building in Eastlake/Portage Bay. Fully renovated, low maintenance, All units w/SS appliances, W/D, new electrical, windows, plumbing, LTV flooring. All have private decks Onsite parking for each unit. Excellent turnkey, investment with great ROI. 2 units are legal Airbnb units, 2 year history, all furniture stays. Large lot for expansion & LR3 zoning for future development. Fantastic views overlooking Portage Bay and the University of Washington.Please do not disturb tenants

Additional Information

List Date
2018-02-15 00:00:00
Community
Portage Bay
Property Type
MULT
Units
6
Stories
3
Potential Terms
Cash Out
Year Built
1955
Total Parking
6
Uncovered Parking
6
View
City, Lake
Exterior
Brick, Cement/Concrete, Wood
Roof
See Remarks
Site Features
['Cable TV', 'Deck', 'High Speed Internet']
Lot Details
Paved Street
School District
Seattle
Total Monthly Income
$18,052
Gross Scheduled Income
$18,052
Gross Adjusted Income
$216,624
Annual Taxes
$13,045
Tax Year
2016
Insurance Expense
$4,185
W/S/G Expenses
$6,338
Total Expenses
$26,143
Net Operating Income
$216,624
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
806
Unit 1 Rent
$4,182
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
721
Unit 2 Rent
$2,500
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
851
Unit 3 Rent
$2,700
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
733
Unit 4 Rent
$3,470
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
733
Unit 5 Rent
$2,500
Unit 6 Beds
2
Unit 6 Baths
1.00
Unit 6 Size
851
Unit 6 Rent
$2,700

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

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