8330 Wabash Avenue S, Seattle, WA 98118
- $480,000
- 3,500
- SqFt
Listing courtesy of Keller Williams Seattle Metro. Selling Office: Better Properties-Renton.
- Sold Price
- $480,000
- List Price
- $485,000
- Status
- SOLD
- MLS#
- 624673
- Closing Date
- May 30, 2014
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,500
- Area Total SqFt
- 3500
- Annual Tax Ammount
- 4174
- Lot Size (sq ft)
- 8,000
- Sewer
- Sewer Connected
Property Description
4-PLEX: Here is your opportunity to purchase a solid investment property! Meticulously maintained; fully occupied w/ long-term tenants. Just 4 blocks from Lake Washington; close to light rail & amenities. Newer roof, plumbing & elect. systems. Units are 2 bed / 1 bath w/ fireplaces, and upgraded interiors. Coin operated laundry = additional income; rents are below market value = substantial upside potential. 8000 sqft lot w/ plenty of off-street parking. Zoned LR2 = future development potential.
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Additional Information
- List Date
- 2014-05-25 00:00:00
- Community
- Seward Park
- Net Operating Income
- $28,806
- Gross Adjusted Income
- $38,400
- Gross Scheduled Income
- $38,400
- Total Monthly Income
- $3,200
- Insurance Expenses
- $900
- Water/Sewer/Garbage Expenses
- $4,100
- Gross Rent Multiplier
- 12
- Total Expenses
- $9,594
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 8330
- Potential Terms
- Cash Out, Conventional, FHA, Private Financing Available, VA Loan
- Year Built
- 1952
- Roof
- Composition
- Site Features
- Cable TV
- Electric Expenses
- 420
- School District
- Seattle
- Total Monthly Income
- $3,200
- Gross Scheduled Income
- $38,400
- Gross Adjusted Income
- $38,400
- Tax Year
- 2013
- Insurance Expense
- $900
- W/S/G Expenses
- $4,100
- Total Expenses
- $9,594
- Net Operating Income
- $28,806
- Gross Rent Multiplier
- 12
- Cap Rate
- 6
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