3813 Eastern Avenue N, Seattle, WA 98103

$1,823,000
3,480
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Raven Commercial Real Estate.

Sold Price
$1,823,000
List Price
$1,835,000
Status
SOLD
MLS#
1533797
Closing Date
Jan 17, 2020
Days on Market
11
Style
53 - Tri-plex
Finished SqFt
3,480
Area Total SqFt
3480
Annual Tax Ammount
12731
Lot Size (sq ft)
6,840
Sewer
Sewer Connected

Property Description

Located two blocks from the Burke Gilman Trail this triplex offers exceptional living spaces. Each unit is a townhouse with open and inviting floor plans providing a home-like experience which generates many long-term tenants. Each unit has a deck and a high-end W/D which is located in the common area. This triplex offers a well-located, solid investment alternatively it would make an excellent building for someone seeking an owner occupant investment.

Additional Information

List Date
2020-01-06 00:00:00
Community
Wallingford
Net Operating Income
$72,962
Gross Adjusted Income
$93,492
Gross Scheduled Income
$95,400
Total Monthly Income
$7,950
Insurance Expenses
$1,338
Water/Sewer/Garbage Expenses
$4,161
Gross Rent Multiplier
19
Total Expenses
$20,530
Cap Rate
3.98
Vacancy Rate
2
Total Number of Units
3
Unit Name
3813
Potential Terms
Cash Out
Year Built
1971
Roof
Composition
Other Expenses
2300
School District
Seattle
Total Monthly Income
$7,950
Gross Scheduled Income
$95,400
Vacancy Rate
2
Gross Adjusted Income
$93,492
Tax Year
2019
Insurance Expense
$1,338
W/S/G Expenses
$4,161
Total Expenses
$20,530
Net Operating Income
$72,962
Gross Rent Multiplier
19
Cap Rate
3.98
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