4122 3rd Ave NW, Seattle, WA 98107

$1,025,000
2,760
SqFt

Listing courtesy of Pellego, Inc..

List Price
$1,025,000
Status
ACTIVE
MLS#
1716391
Days on Market
0
Style
53 - Tri-plex
Finished SqFt
2,760
Lot Size (sq ft)
5,515

Property Description

Charming Fremont triplex with 3 off-street parking spots and awesome walkability, transit options, and amenities! Built as a legal triplex (not converted), the upper two units are 2bed/1bath with covered back porch, top-level bedroom, and dining nook. Ground-level unit is 1bed/1bath and has an enclosed porch. Professionally landscaped and hardscaped, this property is tucked away from the street and very private. LR1 zoning, no required parking, & large lot size magnify future redevelopment possibilities. Awesome income property in a great location with long-term upside!

Additional Information

List Date
2021-01-12 00:00:00
Community
Fremont
Property Type
MULT
Units
3
Stories
3
Potential Terms
Cash Out, Conventional, VA
Year Built
1921
Total Parking
3
Uncovered Parking
3
Exterior
Wood
Roof
Composition
Site Features
Fenced-Partially
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Elementary School
Bf Day
Middle School
Hamilton Mid
High School
Lincoln High
Total Monthly Income
$3,990
Gross Scheduled Income
$42,780
Gross Adjusted Income
$42,780
Annual Taxes
$9,969
Tax Year
2020
Insurance Expense
$1,359
Total Expenses
$13,428
Net Operating Income
$29,352
Gross Rent Multiplier
24
Cap Rate
2

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
500
Unit 1 Rent
$1,250
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
940
Unit 2 Rent
$1,320
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
940
Unit 3 Rent
$1,420
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