3037 NW 56th Street, Seattle, WA 98107

$1,195,000

Listing courtesy of Windermere Real Estate Co.. Selling Office: Better Properties Eastside.

Sold Price
$1,195,000
List Price
$1,249,000
Status
SOLD
MLS#
1751082
Closing Date
Jul 06, 2021
Days on Market
29
Style
54 - 4-Plex
Annual Tax Ammount
9571
Lot Size (sq ft)
4,733
Sewer
Sewer Connected

Property Description

Four-plex located on a beautiful tree lined street in the desirable Sunset Hill area of Ballard. Conveniently located near Ballard amenities, but also sited in an incredible neighborhood. This building includes 4-one bedroom units, both lower units have private fenced yards. Separate laundry area & 3 parking spaces at the front of the building. All 4 tenants currently on leases. Great for an investment or possible development, zoned LR3(M). Buyer to verify.

Additional Information

List Date
2021-06-07 00:00:00
Community
Sunset Hill
Net Operating Income
$29,878
Gross Adjusted Income
$49,673
Gross Scheduled Income
$57,173
Total Monthly Income
$5,109
Insurance Expenses
$1,089
Water/Sewer/Garbage Expenses
$1,373
Total Expenses
$21,371
Total Number of Units
4
Unit Name
3037
Potential Terms
Cash Out, Conventional
Year Built
1945
Roof
Composition
Electric Expenses
204
Other Expenses
19794
Energy Source
Electric
School District
Seattle
Total Monthly Income
$5,109
Gross Scheduled Income
$57,173
Gross Adjusted Income
$49,673
Tax Year
2020
Insurance Expense
$1,089
W/S/G Expenses
$1,373
Total Expenses
$21,371
Net Operating Income
$29,878
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