6700 Carleton Avenue S, Seattle, WA 98115
- $925,000
- 2,494
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Compass Washington.
- Sold Price
- $925,000
- List Price
- $895,000
- Status
- SOLD
- MLS#
- 1256071
- Closing Date
- Jun 25, 2018
- Days on Market
- 14
- Style
- 55 - 5-9 Units
- Finished SqFt
- 2,494
- Area Total SqFt
- 2494
- Annual Tax Ammount
- 4408
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
This attractive 6 unit apartment building is located in the trendy up and coming neighborhood of Georgetown. 1958 constructed single story building with side by side units. Common laundry, on-site parking, pitched composition roof. Potential exists to add a unit. Stable long-term tenant base. Large lot with future development potential. Low maintenance, low management property.
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Additional Information
- List Date
- 2018-06-11 00:00:00
- Community
- Georgetown
- Net Operating Income
- $42,052
- Gross Adjusted Income
- $61,871
- Gross Scheduled Income
- $62,496
- Total Monthly Income
- $5,208
- Insurance Expenses
- $2,188
- Water/Sewer/Garbage Expenses
- $7,252
- Gross Rent Multiplier
- 14
- Total Expenses
- $19,819
- Cap Rate
- 4.7
- Vacancy Rate
- 1
- Total Number of Units
- 6
- Unit Name
- 6700
- Potential Terms
- Cash Out
- Year Built
- 1958
- Roof
- Composition
- Other Expenses
- 5972
- School District
- Seattle
- Total Monthly Income
- $5,208
- Gross Scheduled Income
- $62,496
- Vacancy Rate
- 1
- Gross Adjusted Income
- $61,871
- Tax Year
- 2017
- Insurance Expense
- $2,188
- W/S/G Expenses
- $7,252
- Total Expenses
- $19,819
- Net Operating Income
- $42,052
- Gross Rent Multiplier
- 14
- Cap Rate
- 4.7
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