2553 24th Ave E, Seattle, WA 98112

$1,200,000
2,160
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$1,200,000
Status
ACTIVE
MLS#
1538370
Days on Market
14
Style
53 - Tri-plex
Finished SqFt
2,160
Lot Size (sq ft)
4,916

Property Description

A triplex located in the Montlake neighborhood. This Montlake Triplex presents the opportunity to buy a charming building in a park-like setting. This pride of ownership building is a well-located property close to a multitude of major employers, the University of Washington, and local retail and restaurants. Residents enjoy convenient freeway access and is located within minutes of a variety of amenities surrounding the neighborhood all within walking distance.

Additional Information

List Date
2019-11-04 00:00:00
Community
Eastlake
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1959
Total Parking
2
Exterior
Brick
Roof
Composition
School District
Seattle
Total Monthly Income
$54,973
Gross Scheduled Income
$56,100
Vacancy Rate
3
Gross Adjusted Income
$54,973
Annual Taxes
$10,533
Tax Year
2019
Insurance Expense
$2,336
W/S/G Expenses
$2,450
Total Expenses
$15,319
Net Operating Income
$39,654
Gross Rent Multiplier
21
Cap Rate
3

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
600
Unit 1 Rent
$1,650
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
960
Unit 2 Rent
$1,700
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
600
Unit 3 Rent
$1,325
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