429 431 31st Avenue E, Seattle, WA 98112
- $1,202,000
- 4,300
- SqFt
Listing courtesy of Windermere Real Estate Midtown. Selling Office: Urban Commercial Partners, LLC.
- Sold Price
- $1,202,000
- List Price
- $1,295,000
- Status
- SOLD
- MLS#
- 1313364
- Closing Date
- Sep 06, 2018
- Days on Market
- 41
- Style
- 53 - Tri-plex
- Building Condition
- Fair
- Finished SqFt
- 4,300
- Area Total SqFt
- 4300
- Annual Tax Ammount
- 11122
- Lot Size (sq ft)
- 4,400
- Sewer
- Sewer Connected
- Offer Review Date
- 2018-06-26
Property Description
Perfectly located Denny-Blaine triplex, just blocks from Cafe Flora, Bar Cantinetta and much more. Walkscore 80! Building has 3 large units with great floor plans and 3 off-street parking spaces. W/D in each unit. Current rents are low - opportunity to quickly increase cash flow. Continue to build on current owner's careful maintenance and create a high performing asset in an excellent location. Don't miss this opportunity!
/u.realgeeks.media/rbosold/ben_kinney.jpg)
Additional Information
- List Date
- 2018-07-27 00:00:00
- Community
- Denny Blaine
- Net Operating Income
- $52,981
- Gross Adjusted Income
- $71,004
- Gross Scheduled Income
- $71,004
- Total Monthly Income
- $5,917
- Insurance Expenses
- $1,217
- Water/Sewer/Garbage Expenses
- $3,804
- Gross Rent Multiplier
- 18
- Total Expenses
- $18,023
- Cap Rate
- 4.1
- Total Number of Units
- 3
- Unit Name
- 429 431
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1924
- Roof
- Composition
- Site Features
- Cable TV, Deck
- Electric Expenses
- 302
- Other Expenses
- 1582
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,917
- Gross Scheduled Income
- $71,004
- Gross Adjusted Income
- $71,004
- Tax Year
- 2018
- Insurance Expense
- $1,217
- W/S/G Expenses
- $3,804
- Total Expenses
- $18,023
- Net Operating Income
- $52,981
- Gross Rent Multiplier
- 18
- Cap Rate
- 4.1
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. Data last updated at .