1215 N 107th Street, Seattle, WA 98133
- $464,000
- 2,390
- SqFt
Listing courtesy of RE/MAX Metro Realty, Inc.. Selling Office: RE/MAX Northwest Realtors.
- Sold Price
- $464,000
- List Price
- $499,975
- Status
- SOLD
- MLS#
- 611513
- Closing Date
- Jul 22, 2014
- Days on Market
- 40
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,390
- Area Total SqFt
- 2390
- Annual Tax Ammount
- 3494
- Lot Size (sq ft)
- 3,404
- Sewer
- Sewer Connected
Property Description
Self-managed well-located triplex with great financials. The property has been very well maintained and is in great updated condition. Step into a situation where you immediately benefit from strong rents and great tenant history. The numbers in this listing come off tax returns so that 7% cap rate is unvarnished truth. If you're looking for a worthy investment that cash flows and presents worry free ownership then you've found it. Owner occupant qualifies for FHA financing!
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Additional Information
- List Date
- 2014-06-12 00:00:00
- Community
- Northgate
- Net Operating Income
- $25,846
- Gross Adjusted Income
- $46,621
- Gross Scheduled Income
- $44,256
- Total Monthly Income
- $3,688
- Insurance Expenses
- $3,624
- Water/Sewer/Garbage Expenses
- $4,395
- Gross Rent Multiplier
- 11
- Total Expenses
- $20,775
- Cap Rate
- 5.2
- Total Number of Units
- 3
- Unit Name
- 1215
- Potential Terms
- Cash Out, Conventional, FHA, Private Financing Available, VA Loan
- Year Built
- 1994
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- Electric Expenses
- 3365
- Other Expenses
- 5895
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Whitman Mid
- High School
- Ingraham High
- Total Monthly Income
- $3,688
- Gross Scheduled Income
- $44,256
- Gross Adjusted Income
- $46,621
- Tax Year
- 2013
- Insurance Expense
- $3,624
- W/S/G Expenses
- $4,395
- Total Expenses
- $20,775
- Net Operating Income
- $25,846
- Gross Rent Multiplier
- 11
- Cap Rate
- 5.2
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