10607 Des Moines Memorial Dr S, Seattle, WA 98168

$712,000
3,531
SqFt

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Keller Williams Eastside.

Sold Price
$712,000
List Price
$699,000
Status
SOLD
MLS#
1563346
Closing Date
Jun 15, 2020
Days on Market
8
Style
54 - 4-Plex
Finished SqFt
3,531
Lot Size (sq ft)
8,245

Property Description

Investor Alert! Rare opportunity to own a 4-unit building located near Rainier Golf and Country Club. Convenient to Sea-Tac Airport, downtown Seattle, freeways, public transportation, shopping and parks. 3, two-bedroom units and 1 one-bedroom unit with parking for each + visitor parking and a community laundry area. Port Package Windows/Sliders - 100% occupied and ready to go. Units are in good shape - Sold AS-IS. Property is located in Unincorporated King County.

Additional Information

List Date
2020-02-10 00:00:00
Community
Boulevard Park
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1969
Total Parking
7
Uncovered Parking
7
View
Territorial
Exterior
Cement Planked, Stone
Roof
Flat
Site Features
Deck
Lot Details
Curbs, Dead End Street, Paved Street, Sidewalk
School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,100
Gross Scheduled Income
$58,860
Vacancy Rate
3
Gross Adjusted Income
$57,094
Annual Taxes
$7,142
Tax Year
2019
Insurance Expense
$2,107
W/S/G Expenses
$4,077
Total Expenses
$13,900
Net Operating Income
$43,194
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
730
Unit 1 Rent
$1,075
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
880
Unit 2 Rent
$1,230
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
880
Unit 3 Rent
$1,300
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
880
Unit 4 Rent
$1,300
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