3201 S 208th Street, SeaTac, WA 98198
- $1,395,000
- 10,860
- SqFt
Listing courtesy of TEC Real Estate, Inc.. Selling Office: REcord LLC.
- Sold Price
- $1,395,000
- List Price
- $1,395,000
- Status
- SOLD
- MLS#
- 774298
- Closing Date
- Nov 13, 2015
- Days on Market
- 129
- Style
- 56 - 10+ Units
- Finished SqFt
- 10,860
- Area Total SqFt
- 10860
- Annual Tax Ammount
- 12689
- Lot Size (sq ft)
- 27,000
- Sewer
- Sewer Connected
Property Description
Well cared for 12 unit apartment building on 27000+ square foot lot with three four plex configurations, each with it's own sewer connected. Seller will sell all together as one 12 unit property or can sell each four plex ($575,000 ea), Subject to Short Plat approval. Many units have been remodeled over time on turnovers. Great opportunity with loan rates below 4% for Multi Family purchase or under 3% for residential purchase (4-Plex). No showing without signed agreement to purchase.
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Additional Information
- List Date
- 2015-07-07 00:00:00
- Community
- SeaTac
- Net Operating Income
- $91,436
- Gross Adjusted Income
- $91,436
- Gross Scheduled Income
- $117,360
- Total Monthly Income
- $9,780
- Insurance Expenses
- $3,890
- Gross Rent Multiplier
- 10
- Total Expenses
- $20,179
- Cap Rate
- 6.1
- Total Number of Units
- 12
- Unit Name
- 3201
- Potential Terms
- Assumable, Cash Out, Conventional
- Year Built
- 1979
- Roof
- Composition
- Other Expenses
- 3600
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $9,780
- Gross Scheduled Income
- $117,360
- Gross Adjusted Income
- $91,436
- Tax Year
- 2014
- Insurance Expense
- $3,890
- Total Expenses
- $20,179
- Net Operating Income
- $91,436
- Gross Rent Multiplier
- 10
- Cap Rate
- 6.1
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