7112 Linden Avenue N, Seattle, WA 98103

$1,200,000
2,611
SqFt

Listing courtesy of Windermere Real Estate M2 LLC. Selling Office: COMPASS.

Sold Price
$1,200,000
List Price
$1,150,000
Status
SOLD
MLS#
1737963
Closing Date
Mar 31, 2021
Days on Market
5
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,611
Area Total SqFt
2611
Annual Tax Ammount
7562
Lot Size (sq ft)
3,555
Sewer
Sewer Connected
Offer Review Date
2021-03-09

Property Description

Well maintained Green Lake Triplex. Located a couple blocks from the lake & just below Phinney Ridge. This investment property is in an ideal location with quick access to i5 & hwy 99. $6495 in monthly rents + tenants pay utilities. Recent updates: new roof & gutters 2020, exterior paint 2019. Professionally managed. Top floor: 2 bed/1 bath with deck & view. Main floor: 2 bed/1 bath. Lower level: 1 bed/1 bath. Long term tenants. Plenty of off street parking. Easy access to shops, restaurants & downtown. Seller procured inspection available upon request.

Additional Information

List Date
2021-03-26 00:00:00
Community
Green Lake
Net Operating Income
$65,161
Gross Adjusted Income
$78,442
Gross Scheduled Income
$80,868
Total Monthly Income
$6,739
Insurance Expenses
$1,570
Water/Sewer/Garbage Expenses
$4,149
Gross Rent Multiplier
14
Total Expenses
$13,281
Cap Rate
5.66
Vacancy Rate
3
Total Number of Units
3
Unit Name
7112
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1920
View
Lake, Partial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,739
Gross Scheduled Income
$80,868
Vacancy Rate
3
Gross Adjusted Income
$78,442
Tax Year
2019
Insurance Expense
$1,570
W/S/G Expenses
$4,149
Total Expenses
$13,281
Net Operating Income
$65,161
Gross Rent Multiplier
14
Cap Rate
5.66
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