2527 NE 110th St, Seattle, WA 98125

$799,950
2,390
SqFt

Listing courtesy of Boardwalk Real Estate, LLC.

List Price
$799,950
Status
ACTIVE
MLS#
1439869
Price Change
▼ $25,050 1569390958
Days on Market
109
Style
53 - Tri-plex
Finished SqFt
2,390
Lot Size (sq ft)
7,280

Property Description

Great investment opportunity to own this lovely brick triplex in an excellent North Seattle location! Low vacancy rate and close to all amenities. Clean and well maintained with new windows. Rents are low for the area and could be increased. Move into one unit and rent the others. Garage can be rented for additional income. Plenty of off street parking. One block to great bus service, close to Meadowbrook Community Center, Pool, Park, and the Lake City Business District.

Additional Information

List Date
2019-06-28 00:00:00
Community
Lake City
Property Type
MULT
Units
3
Stories
3
Potential Terms
Cash Out, Conventional, FHA
Year Built
1949
Total Parking
6
Uncovered Parking
4
Exterior
Brick, Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Elementary School
John Rogers
Middle School
Jane Addams
High School
Nathan Hale High
Total Monthly Income
$4,320
Gross Scheduled Income
$51,840
Gross Adjusted Income
$51,840
Annual Taxes
$6,238
Tax Year
2018
Insurance Expense
$1,200
W/S/G Expenses
$2,400
Total Expenses
$7,200
Net Operating Income
$44,640
Gross Rent Multiplier
16
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
904
Unit 1 Rent
$2,000
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
861
Unit 2 Rent
$1,270
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
563
Unit 3 Rent
$950
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Calculator source: Real Geeks