9007 14th Avenue SW, Seattle, WA 98106
- $2,000,000
- 6,561
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,000,000
- List Price
- $2,000,000
- Status
- SOLD
- MLS#
- 1555538
- Closing Date
- Apr 17, 2020
- Days on Market
- 21
- Style
- 56 - 10+ Units
- Finished SqFt
- 6,561
- Area Total SqFt
- 6561
- Annual Tax Ammount
- 9854
- Lot Size (sq ft)
- 13,493
- Sewer
- Sewer Connected
Property Description
The Amanda Park is a mid-century 10-unit complex built in 1952. Buildings offer newer thermal pane windows, new exterior doors and the pitched composition roofs are under 5 years old. Unit interiors have been refreshed with newer flooring, some countertops, vanities, light fixtures, and refreshed common areas. Units are separately metered with gas heat. There is a large common laundry room that could be converted into another separate unit (buyer to verify this information).
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Additional Information
- List Date
- 2020-03-27 00:00:00
- Community
- Highland Park
- Net Operating Income
- $111,468
- Gross Adjusted Income
- $158,745
- Gross Scheduled Income
- $167,100
- Total Monthly Income
- $13,925
- Insurance Expenses
- $2,417
- Water/Sewer/Garbage Expenses
- $11,063
- Gross Rent Multiplier
- 11
- Total Expenses
- $47,277
- Cap Rate
- 5.57
- Vacancy Rate
- 5
- Total Number of Units
- 10
- Unit Name
- 9007
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1952
- Roof
- Composition
- Other Expenses
- 23943
- School District
- Seattle
- Total Monthly Income
- $13,925
- Gross Scheduled Income
- $167,100
- Vacancy Rate
- 5
- Gross Adjusted Income
- $158,745
- Tax Year
- 2019
- Insurance Expense
- $2,417
- W/S/G Expenses
- $11,063
- Total Expenses
- $47,277
- Net Operating Income
- $111,468
- Gross Rent Multiplier
- 11
- Cap Rate
- 5.57
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