3456 14th Avenue W, Seattle, WA 98119

$985,000
2,288
SqFt

Listing courtesy of CBRE INC. Selling Office: ZNonMember-Office-MLS.

Sold Price
$985,000
List Price
$1,075,000
Status
SOLD
MLS#
1406986
Closing Date
Aug 29, 2019
Days on Market
132
Style
54 - 4-Plex
Finished SqFt
2,288
Area Total SqFt
2288
Annual Tax Ammount
7836
Lot Size (sq ft)
6,000
Sewer
Available

Property Description

Interbay 4, a four-unit property located in the rapidly growing Interbay neighborhood. Built in 1958 and renovated in 2014 (3 out of 4 units), the Property offers four well-maintained one-bedrooms sitting on a 6,000 square-foot LR1 lot. Interbay 4 is situated three miles from downtown Seattle and features exceptional access to major employers in South Lake Union, Seattle CBD and Fremont.

Additional Information

List Date
2019-04-19 00:00:00
Community
Interbay
Net Operating Income
$42,346
Gross Adjusted Income
$58,782
Gross Scheduled Income
$60,600
Total Monthly Income
$5,094
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
18
Total Expenses
$16,236
Cap Rate
4
Vacancy Rate
3
Total Number of Units
4
Unit Name
3456
Potential Terms
See Remarks
Year Built
1958
Roof
Flat
Other Expenses
2000
School District
Seattle
Total Monthly Income
$5,094
Gross Scheduled Income
$60,600
Vacancy Rate
3
Gross Adjusted Income
$58,782
Tax Year
2018
Insurance Expense
$1,800
W/S/G Expenses
$3,600
Total Expenses
$16,236
Net Operating Income
$42,346
Gross Rent Multiplier
18
Cap Rate
4
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