4354 5th Avenue NW, Seattle, WA 98107

$1,362,500
3,920
SqFt

Listing courtesy of Windermere RE Greenwood. Selling Office: Windermere Real Estate Co..

Sold Price
$1,362,500
List Price
$1,250,000
Status
SOLD
MLS#
1345676
Closing Date
Sep 14, 2018
Days on Market
9
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,920
Area Total SqFt
3920
Annual Tax Ammount
9437
Lot Size (sq ft)
6,000
Sewer
Sewer Connected
Offer Review Date
2018-08-22

Property Description

Legal Triplex with a 4th non-conforming unit. Upper floor units have vaulted ceilings, fireplaces, 2 bedrooms, 1.5 baths and decks. The garden level unit has 2 bedrooms, 1 bath, fireplace, and the non-conforming unit has 1 bedroom, 1 bath. Lovely fenced patio area for all to share! Coin-Op Laundry, storage plus additional storage on upper off-street parking lot for tenants. Great location on a corner lot and just minutes to downtown, Ballard and walk to Fremont!

Additional Information

List Date
2018-09-05 00:00:00
Community
Fremont
Net Operating Income
$56,862
Gross Adjusted Income
$74,794
Gross Scheduled Income
$76,320
Total Monthly Income
$6,360
Insurance Expenses
$1,785
Water/Sewer/Garbage Expenses
$6,184
Gross Rent Multiplier
16
Total Expenses
$17,931
Cap Rate
5.55
Vacancy Rate
2
Total Number of Units
4
Unit Name
4354
Potential Terms
Cash Out, Conventional
Year Built
1967
View
Mountain(s), Territorial
Roof
Metal
Site Features
Cable TV, Deck, Fenced-Partially, Outbuildings, Patio
Electric Expenses
562
School District
Seattle
Total Monthly Income
$6,360
Gross Scheduled Income
$76,320
Vacancy Rate
2
Gross Adjusted Income
$74,794
Tax Year
2018
Insurance Expense
$1,785
W/S/G Expenses
$6,184
Total Expenses
$17,931
Net Operating Income
$56,862
Gross Rent Multiplier
16
Cap Rate
5.55
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