1025 N 36th St, Seattle, WA 98103

$1,120,000
2,200
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Windermere R.E. Shoreline.

Sold Price
$1,120,000
List Price
$1,095,000
Status
SOLD
MLS#
1562078
Closing Date
Mar 16, 2020
Days on Market
14
Style
53 - Tri-plex
Finished SqFt
2,200
Lot Size (sq ft)
3,354

Property Description

Attractive triplex with units featuring spectacular views of South Lake Union and Downtown. This A+ location offers an investor or owner occupant the opportunity to purchase a 3 unit building that was fully updated in 2011. The property features updated kitchens, bathrooms, flooring, windows, electrical and plumbing. The property provides a prospective buyer a great opportunity to own an income producing rental with significant upside in an irreplaceable location.

Additional Information

List Date
2020-02-06 00:00:00
Community
Fremont
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1901
Total Parking
3
Uncovered Parking
3
Exterior
Wood, Wood Products
Roof
Composition
School District
Seattle
Total Monthly Income
$5,600
Gross Scheduled Income
$67,200
Vacancy Rate
3
Gross Adjusted Income
$65,184
Annual Taxes
$6,985
Tax Year
2019
Insurance Expense
$1,171
W/S/G Expenses
$4,000
Total Expenses
$14,706
Net Operating Income
$50,478
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Baths
1.00
Unit 1 Size
400
Unit 1 Rent
$800
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
700
Unit 2 Rent
$1,950
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
1100
Unit 3 Rent
$2,650
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