9454 5th Avenue SW, Seattle, WA 98106
- $985,000
- 3,332
- SqFt
Listing courtesy of Coldwell Banker Danforth. Selling Office: Coldwell Banker Danforth.
- Sold Price
- $985,000
- List Price
- $1,030,000
- Status
- SOLD
- MLS#
- 1827662
- Closing Date
- Nov 10, 2021
- Days on Market
- 19
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,332
- Area Total SqFt
- 3332
- Annual Tax Ammount
- 9560
- Lot Size (sq ft)
- 6,750
- Sewer
- Sewer Connected
Property Description
Investor alert! First time on the market in 17 years! Here’s your chance to own this amazing 4-plex smack dab in the path of progress! These spacious, centrally located, 1-Bed, 1-Bath units have roughly 833 sqft of living space, full size WD in each unit, open floor plans all w/newer double pane vinyl windows & carpet. Conveniently located minutes from DT Seattle, Sea-Tac Airport, Schools, Parks, Shopping & Transit, I-5, HWY 99, 509 & I-90. Purchase as an investment or buy as a personal residence. House hack, live in one unit & rent out the other 3! Below market rentals create amazing upside potential! These units are never vacant long! Current long-term tenants would love to stay and are all on month-to-month leases. Hurry this won't last!
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Additional Information
- List Date
- 2021-10-22 00:00:00
- Community
- Highland Park
- Net Operating Income
- $45,700
- Gross Adjusted Income
- $45,700
- Gross Scheduled Income
- $66,960
- Total Monthly Income
- $5,580
- Insurance Expenses
- $2,700
- Water/Sewer/Garbage Expenses
- $9,000
- Gross Rent Multiplier
- 15
- Total Expenses
- $21,260
- Cap Rate
- 4
- Vacancy Rate
- 4
- Total Number of Units
- 4
- Unit Name
- 9454
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1980
- View
- City, Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,580
- Gross Scheduled Income
- $66,960
- Vacancy Rate
- 4
- Gross Adjusted Income
- $45,700
- Tax Year
- 2021
- Insurance Expense
- $2,700
- W/S/G Expenses
- $9,000
- Total Expenses
- $21,260
- Net Operating Income
- $45,700
- Gross Rent Multiplier
- 15
- Cap Rate
- 4
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