1006 N 43rd Street, Seattle, WA 98103

$1,915,000
4,172
SqFt

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Windermere Real Estate/East.

Sold Price
$1,915,000
List Price
$1,945,000
Status
SOLD
MLS#
1663879
Closing Date
May 20, 2021
Days on Market
185
Style
55 - 5-9 Units
Finished SqFt
4,172
Area Total SqFt
4172
Annual Tax Ammount
16834
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

Built in 1981 the building features four 2-bedroom units plus a penthouse. Units have spacious floorplans with private outdoor spaces & updated finishes. Off street parking including 1 garage spot. The building is individually metered for 5 units & fully sprinklered. Well-situated just few blocks off the bustling retail corridors of 45th St and Stone Way & a short commute to Fremont’s Tech hub, Wallingford 5 tenants enjoy a balanced lifestyle with proximity to work & play.

Additional Information

List Date
2020-11-16 00:00:00
Community
Wallingford
Net Operating Income
$107,244
Gross Adjusted Income
$132,209
Gross Scheduled Income
$132,209
Total Monthly Income
$10,915
Insurance Expenses
$1,240
Water/Sewer/Garbage Expenses
$6,889
Gross Rent Multiplier
15
Total Expenses
$24,964
Cap Rate
5.38
Total Number of Units
5
Unit Name
1006
Potential Terms
Cash Out, Conventional
Year Built
1981
View
Territorial
Roof
Flat
Site Features
Fenced-Partially, Gas Available
Energy Source
Electric
School District
Seattle
Total Monthly Income
$10,915
Gross Scheduled Income
$132,209
Gross Adjusted Income
$132,209
Tax Year
2020
Insurance Expense
$1,240
W/S/G Expenses
$6,889
Total Expenses
$24,964
Net Operating Income
$107,244
Gross Rent Multiplier
15
Cap Rate
5.38
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