4218 Pasadena Place NE, Seattle, WA 98105
- $2,770,000
Listing courtesy of Windermere Real Estate Co.. Selling Office: Dimension Properties.
- Sold Price
- $2,770,000
- List Price
- $2,795,000
- Status
- SOLD
- MLS#
- 1730542
- Closing Date
- Jul 29, 2022
- Days on Market
- 83
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Annual Tax Ammount
- 25683
- Lot Size (sq ft)
- 7,745
- Sewer
- Sewer Connected
Property Description
8 unit with five 2007 built townhomes & 3 flats in front building, Building is full. Leases to Sept. 1st 2022, All tenants are current & paying very timely, 5 townhomes with hardie siding & vinyl windows, 7 off street parking spots behind security gate, 3 covered, Front units are spacious & charming with hardwoods & two fire places, Easy to self manage with year leases, Midrise zoning for future development.
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Additional Information
- List Date
- 2022-05-07 00:00:00
- Community
- University District
- Net Operating Income
- $160,667
- Gross Adjusted Income
- $201,605
- Gross Scheduled Income
- $218,400
- Total Monthly Income
- $18,200
- Insurance Expenses
- $6,281
- Water/Sewer/Garbage Expenses
- $15,004
- Gross Rent Multiplier
- 13
- Total Expenses
- $57,733
- Cap Rate
- 5.75
- Total Number of Units
- 8
- Unit Name
- 4218
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2007
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV
- Electric Expenses
- 504
- Other Expenses
- 10261
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $18,200
- Gross Scheduled Income
- $218,400
- Gross Adjusted Income
- $201,605
- Tax Year
- 2022
- Insurance Expense
- $6,281
- W/S/G Expenses
- $15,004
- Total Expenses
- $57,733
- Net Operating Income
- $160,667
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.75
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