1224 N 137th, Seattle, WA 98133

$1,445,000
6,470
SqFt

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

Sold Price
$1,445,000
List Price
$1,495,000
Status
SOLD
MLS#
1252372
Closing Date
May 11, 2018
Days on Market
21
Style
54 - 4-Plex
Finished SqFt
6,470
Lot Size (sq ft)
6,470

Property Description

The North Seattle Fourplex is located just a few minutes south of Shoreline and just north of the Bitter and Haller Lake neighborhoods. 1987 construction, large units, corner lot, upside in rents, W/D in all units. Features 2BD/1Bth+Den, great owner-occupant opportunity. Low-maintenance property, two blocks from major bus lines.

Additional Information

List Date
2018-03-05 00:00:00
Community
Bitter Lake
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out
Year Built
1987
Total Parking
4
Exterior
Wood
Roof
Composition
School District
Seattle
Total Monthly Income
$6,535
Gross Scheduled Income
$78,420
Vacancy Rate
3
Gross Adjusted Income
$76,067
Annual Taxes
$7,941
Tax Year
2017
Insurance Expense
$1,096
W/S/G Expenses
$5,400
Total Expenses
$17,437
Net Operating Income
$58,630
Gross Rent Multiplier
19
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1190
Unit 1 Rent
$1,650
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
990
Unit 2 Rent
$1,660
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
608
Unit 3 Rent
$1,415
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
746
Unit 4 Rent
$1,310
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