2020 NW 58th St, Seattle, WA 98107

$1,575,000

Listing courtesy of Lake & Company.

List Price
$1,575,000
Status
PENDING
MLS#
1422312
Days on Market
7
Style
54 - 4-Plex
Building Condition
['Remodeled']
Lot Size (sq ft)
5,000

Property Description

Meticulously maintained & tastefully updated turn-key 4-plex on a quiet residential street in a perfect central Ballard location. All systems updated! The 3 occupied units provide great income w/upside. The 4th unit, 3br/1.75ba features 10ft ceilings & French doors to a private deck/yard. Potential owners unit or rent for great cashflow. Hardwoods, double pane windows, new roof, romex wire, copper plumbing, updated kitchens & baths. Private oasis in the City! See photo captions for more details.

Additional Information

List Date
2019-03-13 00:00:00
Community
Ballard
Property Type
MULT
Units
4
Stories
2
Potential Terms
Conventional
Year Built
1900
Total Parking
2
Uncovered Parking
2
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$8,915
Gross Scheduled Income
$106,980
Vacancy Rate
1
Gross Adjusted Income
$105,910
Annual Taxes
$9,159
Tax Year
2019
Insurance Expense
$827
W/S/G Expenses
$4,448
Total Expenses
$19,977
Net Operating Income
$85,933
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.75
Unit 1 Rent
$1,940
Unit 2 Beds
3
Unit 2 Baths
1.75
Unit 2 Rent
$2,875
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Rent
$2,150
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Rent
$1,860
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