116 S 108th St, Seattle, WA 98168

$639,000
3,500
SqFt

Listing courtesy of ShopProp Inc..

List Price
$639,000
Status
ACTIVE
MLS#
1456039
Price Change
▼ $20,000 1562209211
Days on Market
64
Style
53 - Tri-plex
Finished SqFt
3,500
Lot Size (sq ft)
12,500

Property Description

Investor Opportunity!! 1 duplex and 1 single family house on 1 tax parcel zoned community business and multifamily. House has gas heating, separate elec./gas meters, & w/d. Duplex Unit 1 offers large living room & w/d. Duplex Unit 2 offers a formal living room, dining room, & w/d. Close to Hwy 509, Burien and SeaTac. Easy to rent. Long term tenants (12 years and 5 years)

Additional Information

List Date
2019-05-13 00:00:00
Community
Boulevard Park
Property Type
MULT
Units
3
Stories
2
Potential Terms
Conventional, VA
Year Built
1946
Total Parking
6
Uncovered Parking
6
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Gas Available
Lot Details
Open Space, Paved Street
School District
Highland
Total Monthly Income
$4,330
Gross Scheduled Income
$51,960
Vacancy Rate
1
Gross Adjusted Income
$51,960
Annual Taxes
$7,400
Tax Year
2019
Insurance Expense
$1,437
W/S/G Expenses
$3,605
Total Expenses
$13,442
Net Operating Income
$38,518
Gross Rent Multiplier
13
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
980
Unit 1 Rent
$1,440
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1260
Unit 2 Rent
$1,400
Unit 3 Beds
3
Unit 3 Baths
1.00
Unit 3 Size
1260
Unit 3 Rent
$1,490
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