7326 13th Ave NW, Seattle, WA 98117

$1,350,000
2,820
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$1,350,000
Status
PENDING
MLS#
1714150
Days on Market
10
Style
53 - Tri-plex
Building Condition
['Remodeled']
Finished SqFt
2,820
Lot Size (sq ft)
5,000

Property Description

Charming Ballard triplex located on a quiet street of residential houses, this property has had virtually no vacancy and underwent major renovations including full unit and building system upgrades as well as an income-producing garage. Full exterior paint, all new windows, fully replaced water lines, new hot water tanks, and electrical panels keep maintenance costs here little-to-none.

Additional Information

List Date
2021-01-05 00:00:00
Community
Ballard
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, See Remarks
Year Built
1913
Total Parking
1
Exterior
See Remarks
Roof
See Remarks
Lot Details
Sidewalk
School District
Seattle
High School
Ballard High
Total Monthly Income
$7,385
Gross Scheduled Income
$88,620
Vacancy Rate
3
Gross Adjusted Income
$85,961
Annual Taxes
$9,127
Tax Year
2020
Insurance Expense
$1,065
W/S/G Expenses
$3,699
Total Expenses
$16,091
Net Operating Income
$69,870
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1200
Unit 1 Rent
$2,595
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1000
Unit 2 Rent
$2,345
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
800
Unit 3 Rent
$1,395
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