4201 S 116th Street, Tukwila, WA 98168

$875,000
3,150
SqFt

Listing courtesy of Realty Plus, Inc.. Selling Office: eXp Realty.

Sold Price
$875,000
List Price
$925,000
Status
SOLD
MLS#
1860279
Closing Date
Apr 08, 2022
Days on Market
86
Style
54 - 4-Plex
Building Condition
Fair
Finished SqFt
3,150
Area Total SqFt
3150
Annual Tax Ammount
7955
Internet Provider
Mult Avail
Lot Size (sq ft)
9,240
Sewer
Sewer Connected

Property Description

14 minutes to Downtown. Close to Freeways. All units enjoy River View (which is across the street) and 2 parking places. Building has FAA package that includes quad pane thick vinyl windows, solid core exterior doors and air circulation system. New roof 2019. New Exterior paint this year. Sewer connection completed 1996 and paid off 2016. All downstairs units freshened with paint, carpet and Bath flooring 2020. Each unit has back door that opens to Common Laundry/Storage room. Makes Laundry (coin op) steps away in building. All downstairs units have built in microwave.

Additional Information

List Date
2022-01-12 00:00:00
Community
Allentown
Net Operating Income
$43,001
Gross Adjusted Income
$68,340
Gross Scheduled Income
$68,340
Total Monthly Income
$5,690
Insurance Expenses
$2,396
Water/Sewer/Garbage Expenses
$6,180
Gross Rent Multiplier
1397
Total Expenses
$25,339
Cap Rate
4.64
Total Number of Units
5
Unit Name
4201 S
Potential Terms
Cash Out, Conventional
Year Built
1938
View
River
Roof
Composition, Torch Down
Site Features
Cable TV
Electric Expenses
1728
Other Expenses
7080
Energy Source
Electric
School District
Tukwila
Elementary School
Tukwila Elem
Middle School
Showalter Mid
High School
Foster Snr High
Total Monthly Income
$5,690
Gross Scheduled Income
$68,340
Gross Adjusted Income
$68,340
Tax Year
2020
Insurance Expense
$2,396
W/S/G Expenses
$6,180
Total Expenses
$25,339
Net Operating Income
$43,001
Gross Rent Multiplier
1397
Cap Rate
4.64
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