12317 35th Ave NE, Seattle, WA 98125

$1,050,000
3,380
SqFt

Listing courtesy of Keller Williams Rlty Bellevue. Selling Office: .

Sold Price
$1,050,000
List Price
$1,095,000
Status
SOLD
MLS#
1427738
Closing Date
Jun 11, 2019
Days on Market
29
Style
53 - Tri-plex
Building Condition
['Remodeled']
Finished SqFt
3,380
Lot Size (sq ft)
5,000

Property Description

Completely "Turn-key" Triplex in the coveted Lake City area of Seattle at a 6.5% CAP! Great option to live in one unit and rent the others. Tenant ready to sign a lease for the third unit 4/15 or claim it for yourself. New appliances, flooring, windows, cabinets & countertops. Entire building was just remodeled by a quality builder. The property has parking for 6 vehicles. Walking distance to shopping and transportation. LR3 zoning allows for future development. Do Not Disturb Tenants!

Additional Information

List Date
2019-04-12 00:00:00
Community
Lake City
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1960
Total Parking
6
Uncovered Parking
8
Exterior
Wood
Roof
Torch Down
Site Features
Deck, Fenced-Partially
Lot Details
Alley, Paved Street, Sidewalk
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$89,028
Vacancy Rate
3
Gross Adjusted Income
$86,357
Annual Taxes
$6,494
Tax Year
2018
Insurance Expense
$1,200
W/S/G Expenses
$5,400
Total Expenses
$14,490
Net Operating Income
$71,868
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
1126
Unit 1 Rent
$2,500
Unit 2 Beds
3
Unit 2 Baths
1.00
Unit 2 Size
1126
Unit 2 Rent
$2,769
Unit 3 Beds
3
Unit 3 Baths
1.00
Unit 3 Size
1126
Unit 3 Rent
$2,000
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