929 N 105th St, Seattle, WA 98133

$975,000
2,812
SqFt

Listing courtesy of John L. Scott Des Moines.

List Price
$975,000
Status
ACTIVE
MLS#
1503371
Days on Market
10
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
2,812
Lot Size (sq ft)
3,844

Property Description

Wonderful investment opportunity beckons. North Seattle 4-plex offers tremendous upside potential with low vacancies. Spacious newer building was built in 1991 with effective year of 2004, consists of 2 1Br/1Ba and 2 2Br/1.5Ba units, each with one covered parking on ground level. Conveniently located near public transportations, shopping and freeway access. Nearby employers include North Seattle Community College, Northwest Hospital and Northgate Mall to name a few. Not to be missed.

Additional Information

List Date
2019-08-09 00:00:00
Community
Northgate
Property Type
MULT
Units
4
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1991
Total Parking
4
Uncovered Parking
4
Exterior
Stucco
Roof
Composition
Lot Details
Alley, Curbs, Paved Street, Sidewalk
School District
Seattle
High School
Ingraham High
Total Monthly Income
$4,950
Gross Scheduled Income
$59,400
Vacancy Rate
5
Gross Adjusted Income
$56,430
Annual Taxes
$8,200
Tax Year
2018
Insurance Expense
$1,091
W/S/G Expenses
$9,137
Total Expenses
$26,290
Net Operating Income
$26,290
Gross Rent Multiplier
16
Cap Rate
2

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
600
Unit 1 Rent
$1,200
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
800
Unit 2 Rent
$1,300
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
600
Unit 3 Rent
$1,050
Unit 4 Beds
2
Unit 4 Baths
1.50
Unit 4 Size
800
Unit 4 Rent
$1,400
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