2372 48th Ave SW, Seattle, WA 98116

$925,000
2,920
SqFt

Listing courtesy of John L. Scott Westwood.

List Price
$925,000
Status
ACTIVE
MLS#
1391147
Days on Market
9
Style
53 - Tri-plex
Building Condition
['Very Good']
Finished SqFt
2,920
Lot Size (sq ft)
4,075
Bank Owned
Yes

Property Description

Retro mid-century triplex. 4 more contiguous triplexes available, see listing No. 1390148. North Admiral near Alki and Junction. Some units have LVT floors, Quartz Counter. All have fresh paint, original birch cabinets & tiles. Meticulously maintained, with updates and mid-century style. All units are non-smoking, with DW, Micro, Self-Clean Range and coin laundry, huge storage rooms. One car garage for additional income. 5 off street parking spaces.

Additional Information

List Date
2018-12-03 00:00:00
Community
Admiral
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1960
Total Parking
5
Uncovered Parking
4
Exterior
Brick, Wood
Roof
Composition, Torch Down
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$3,935
Gross Scheduled Income
$47,220
Gross Adjusted Income
$47,220
Annual Taxes
$6,590
Tax Year
2017
Insurance Expense
$853
W/S/G Expenses
$3,928
Total Expenses
$11,854
Net Operating Income
$35,366
Gross Rent Multiplier
19
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
780
Unit 1 Rent
$1,285
Unit 2 Beds
2
Unit 2 Baths
2.00
Unit 2 Size
780
Unit 2 Rent
$1,120
Unit 3 Beds
2
Unit 3 Baths
2.00
Unit 3 Size
800
Unit 3 Rent
$1,280
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