10627 10623 Aqua Wy S, Seattle, WA 98168

$870,000
4,560
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$870,000
Status
ACTIVE
MLS#
1439151
Price Change
▼ $5,000 1557356111
Days on Market
65
Style
54 - 4-Plex
Finished SqFt
4,560
Lot Size (sq ft)
21,480

Property Description

The property is comprised of two identical duplexes side by side with large units and wrap around decks. The White Center 4 allows for an investor to purchase a well-maintained property with a 6.2% current cap rate and a 7.0% market cap rate after taking advantage of the properties rental upside.

Additional Information

List Date
2019-04-12 00:00:00
Community
White Center
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out
Year Built
1968
Total Parking
10
Uncovered Parking
10
Exterior
Cement/Concrete
Roof
Flat
School District
Seattle
Total Monthly Income
$6,185
Gross Scheduled Income
$74,220
Vacancy Rate
3
Gross Adjusted Income
$71,993
Annual Taxes
$9,248
Tax Year
2019
Insurance Expense
$1,600
W/S/G Expenses
$4,000
Total Expenses
$18,048
Net Operating Income
$53,945
Gross Rent Multiplier
11
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1140
Unit 1 Rent
$1,475
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1140
Unit 2 Rent
$1,550
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
1140
Unit 3 Rent
$1,575
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
1140
Unit 4 Rent
$1,585
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.

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