701 S Kenyon St, Seattle, WA 98108
- $770,000
Listing courtesy of The Foundation Group LLC. Selling Office: Maximize Real Estate.
- Sold Price
- $770,000
- List Price
- $750,000
- Status
- SOLD
- MLS#
- 1531741
- Closing Date
- Dec 24, 2019
- Days on Market
- 16
- Style
- 54 - 4-Plex
- Annual Tax Ammount
- 4118
- Lot Size (sq ft)
- 5,000
- Sewer
- Available
Property Description
Turnkey apartment building in the City of Seattle. New roof and remodeled units offer an investor an great opportunity to get a high yielding asset in King County. 6 off street parking spots, new floors, and appliances make these units turn key ready. Coin operated laundry also brings in additional income. Quiet section of the nieghborhood that offers accessibility to everything in city.
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Additional Information
- List Date
- 2019-12-08 00:00:00
- Community
- South Park
- Net Operating Income
- $50,242
- Gross Adjusted Income
- $61,560
- Gross Scheduled Income
- $61,560
- Total Monthly Income
- $5,130
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 12
- Total Expenses
- $11
- Cap Rate
- 6.7
- Total Number of Units
- 4
- Unit Name
- 701
- Potential Terms
- Cash Out, Conventional, Private Financing Available, VA Loan
- Year Built
- 1941
- Roof
- Flat
- Site Features
- Patio
- School District
- Seattle
- Total Monthly Income
- $5,130
- Gross Scheduled Income
- $61,560
- Gross Adjusted Income
- $61,560
- Tax Year
- 2019
- Insurance Expense
- $1,200
- W/S/G Expenses
- $6,000
- Total Expenses
- $11
- Net Operating Income
- $50,242
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.7
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