13731 32nd Ave NE, Seattle, WA 98125

$930,000
3,100
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: .

Sold Price
$930,000
List Price
$895,000
Status
SOLD
MLS#
1209794
Closing Date
Feb 20, 2018
Days on Market
87
Style
54 - 4-Plex
Finished SqFt
3,100
Lot Size (sq ft)
5,600

Property Description

Well located right in the heart of Lake City the North Seattle Fourplex offers an opportunity to own a well-maintained asset approximately 15 minutes to Seattle’s Central Business District and the University of Washington. The property sits on a 5,600 square foot lot with MR (mid-rise) zoning which gives a new investor the option to potentially redevelop the property in the future.

Additional Information

List Date
2017-10-20 00:00:00
Community
Seattle
Property Type
MULT
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1968
Total Parking
5
Uncovered Parking
5
Exterior
Wood
Roof
Flat
School District
Seattle
Total Monthly Income
$3,450
Gross Scheduled Income
$41,880
Vacancy Rate
3
Gross Adjusted Income
$40,624
Annual Taxes
$6,166
Tax Year
2017
Insurance Expense
$852
W/S/G Expenses
$5,094
Total Expenses
$15,512
Net Operating Income
$25,112
Gross Rent Multiplier
13
Cap Rate
2

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
600
Unit 1 Rent
$900
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
600
Unit 2 Rent
$850
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
950
Unit 3 Rent
$900
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
950
Unit 4 Rent
$800
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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