3849 22nd Avenue SW, Seattle, WA 98106

$775,000
2,060
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Realty Brokers Inc.

Sold Price
$775,000
List Price
$795,000
Status
SOLD
MLS#
1518046
Closing Date
Nov 08, 2019
Days on Market
26
Style
53 - Tri-plex
Finished SqFt
2,060
Area Total SqFt
2060
Annual Tax Ammount
6185
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

The West Seattle Triplex offers a solid investment with 2 units tastefully update and 1 in original condition. Each unit has a large deck or patio with views of Harbor Island and Elliott Bay. This location offers quick and easy access to downtown, I5, SODO and The Junction. Great value-add opportunity.

Additional Information

List Date
2019-10-13 00:00:00
Community
Pigeon Point
Net Operating Income
$39,423
Gross Adjusted Income
$55,919
Gross Scheduled Income
$57,060
Total Monthly Income
$4,755
Insurance Expenses
$1,074
Water/Sewer/Garbage Expenses
$6,237
Gross Rent Multiplier
13
Total Expenses
$16,496
Cap Rate
4.96
Vacancy Rate
2
Total Number of Units
3
Unit Name
3849
Potential Terms
Cash Out
Year Built
1917
Roof
Composition
Other Expenses
3000
Energy Source
Electric
School District
Seattle
Total Monthly Income
$4,755
Gross Scheduled Income
$57,060
Vacancy Rate
2
Gross Adjusted Income
$55,919
Tax Year
2019
Insurance Expense
$1,074
W/S/G Expenses
$6,237
Total Expenses
$16,496
Net Operating Income
$39,423
Gross Rent Multiplier
13
Cap Rate
4.96
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