3456 14th Ave W, Seattle, WA 98119

$1,195,000
2,288
SqFt

Listing courtesy of CBRE INC.

List Price
$1,195,000
Status
ACTIVE
MLS#
1406986
Days on Market
21
Style
54 - 4-Plex
Finished SqFt
2,288
Lot Size (sq ft)
6,000

Property Description

Interbay 4, a four-unit property located in the rapidly growing Interbay neighborhood. Built in 1958 and renovated in 2014 (3 out of 4 units), the Property offers four well-maintained one-bedrooms sitting on a 6,000 square-foot LR1 lot. Interbay 4 is situated three miles from downtown Seattle and features exceptional access to major employers in South Lake Union, Seattle CBD and Fremont.

Additional Information

List Date
2019-01-31 00:00:00
Community
Interbay
Property Type
MULT
Units
4
Stories
2
Potential Terms
See Remarks
Year Built
1958
Total Parking
3
Uncovered Parking
3
Exterior
Wood
Roof
Flat
School District
Seattle
Total Monthly Income
$5,094
Gross Scheduled Income
$60,600
Gross Adjusted Income
$60,600
Annual Taxes
$7,836
Tax Year
2018
Insurance Expense
$1,800
W/S/G Expenses
$3,600
Total Expenses
$16,236
Net Operating Income
$41,424
Gross Rent Multiplier
20
Cap Rate
3

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
572
Unit 1 Rent
$1,200
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
572
Unit 2 Rent
$1,250
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
572
Unit 3 Rent
$1,250
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
572
Unit 4 Rent
$1,200
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