4315 -4319 SW Oregon Street, Seattle, WA 98116

$4,300,000
9,180
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$4,300,000
Status
ACTIVE
MLS#
2013987
Days on Market
22
Style
56 - 10+ Units
Finished SqFt
9,180
Area Total SqFt
9180
Annual Tax Ammount
28879
Lot Size (sq ft)
5,850
Sewer
Sewer Connected

Property Description

The Oregonian offers an investor the opportunity to own two classic wood frame brick charmers in the best rental location in West Seattle. As Seattle neighborhoods become the new downtown, this trophy location can’t be beat. The Oregonian has one of the most popular 1927 styles that renters love with natural woodwork, hardwood floors, coved ceilings and all units are large spacious corner units. This apartment is located in West Seattle’s Premier shopping and entertainment district with over 150 businesses and services with a 95 Walk Score – A Walker’s Paradise.

Additional Information

List Date
2022-11-04 16:43:13
Community
West Seattle
Net Operating Income
$171,731
Gross Adjusted Income
$256,085
Gross Scheduled Income
$269,563
Total Monthly Income
$22,464
Insurance Expenses
$4,137
Water/Sewer/Garbage Expenses
$14,276
Gross Rent Multiplier
14.36
Total Expenses
$84,354
Cap Rate
4
Vacancy Rate
5
Total Number of Units
12
Unit Name
4315 -4319
Potential Terms
Cash Out, Conventional
Year Built
1927
Roof
Flat
Heating/Cooling Type
Forced Air
Other Expenses
37062
Energy Source
Electric
School District
Seattle
Total Monthly Income
$22,464
Gross Scheduled Income
$269,563
Vacancy Rate
5
Gross Adjusted Income
$256,085
Tax Year
2022
Insurance Expense
$4,137
W/S/G Expenses
$14,276
Total Expenses
$84,354
Net Operating Income
$171,731
Gross Rent Multiplier
14.36
Cap Rate
4
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