13217 35th Ave NE, Seattle, WA 98125

$995,000
3,440
SqFt

Listing courtesy of Pilot Ventures LLC.

List Price
$995,000
Status
ACTIVE
MLS#
1438436
Days on Market
7
Style
53 - Tri-plex
Finished SqFt
3,440
Lot Size (sq ft)
7,937

Property Description

Homes at the Lake City Triplex are large and offer spacious layouts. Residents can take advantage of ample off-street parking, including three carport stalls. The triplex offers in-unit washers and dryers for two units, and a separate laundry room for the third unit. This triplex offers ample upside, with the opportunity to raise rents by 30%. Further, the property sits on 7,937 SF of LR2 zoned land, providing future redevelopment potential in an increasingly exciting submarket.

Additional Information

List Date
2019-04-11 00:00:00
Community
Cedar Park
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out
Year Built
1974
Total Parking
6
Uncovered Parking
3
Exterior
Wood
Roof
Composition
School District
Seattle
Total Monthly Income
$4,505
Gross Scheduled Income
$71,820
Vacancy Rate
3
Gross Adjusted Income
$72,005
Annual Taxes
$8,563
Tax Year
2019
Insurance Expense
$1,050
W/S/G Expenses
$3,600
Total Expenses
$16,963
Net Operating Income
$54,292
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1146
Unit 1 Rent
$1,430
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1146
Unit 2 Rent
$1,525
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
1146
Unit 3 Rent
$1,550

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.



Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks