8532 Phinney Avenue N, Seattle, WA 98103
- $3,875,000
Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $3,875,000
- List Price
- $3,850,000
- Status
- SOLD
- MLS#
- 843551
- Closing Date
- Nov 19, 2015
- Days on Market
- 12
- Style
- 56 - 10+ Units
- Annual Tax Ammount
- 14536
- Lot Size (sq ft)
- 8,841
- Sewer
- Sewer Connected
Property Description
Freshly renovated 12 unit building in the Greenwood neighborhood of Seattle. All but one unit are 2 bed units with some having 2 baths! Fully renovated with new kitchens, stainless appliances, flooring and paint throughout. Most units are equipped with a W/D. Tenants enjoy the luxury of ample parking, new windows, elevator access and ability to walk to Greenwood retail.
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Additional Information
- List Date
- 2015-11-07 00:00:00
- Community
- Phinney Ridge
- Net Operating Income
- $192,150
- Gross Adjusted Income
- $255,420
- Gross Scheduled Income
- $265,740
- Total Monthly Income
- $22,145
- Insurance Expenses
- $3,879
- Water/Sewer/Garbage Expenses
- $15,487
- Gross Rent Multiplier
- 15
- Total Expenses
- $63,270
- Cap Rate
- 5.01
- Vacancy Rate
- 4
- Total Number of Units
- 12
- Unit Name
- 8532
- Potential Terms
- Cash Out
- Year Built
- 1968
- Roof
- Flat
- Other Expenses
- 29368
- School District
- Seattle
- Total Monthly Income
- $22,145
- Gross Scheduled Income
- $265,740
- Vacancy Rate
- 4
- Gross Adjusted Income
- $255,420
- Tax Year
- 2015
- Insurance Expense
- $3,879
- W/S/G Expenses
- $15,487
- Total Expenses
- $63,270
- Net Operating Income
- $192,150
- Gross Rent Multiplier
- 15
- Cap Rate
- 5.01
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