9454 5th Avenue SW, Seattle, WA 98106

$1,030,000

Listing courtesy of Coldwell Banker Danforth.

List Price
$1,030,000
Status
ACTIVE
MLS#
1827662
Days on Market
8
Style
54 - 4-Plex
Building Condition
Good
Lot Size (sq ft)
6,750

Property Description

Investor alert! First time on the market in 17 years! Here’s your chance to own this amazing 4-plex smack dab in the path of progress! These spacious, centrally located, 1-Bed, 1-Bath units have roughly 833 sqft of living space, full size WD in each unit, open floor plans all w/newer double pane vinyl windows & carpet. Conveniently located minutes from DT Seattle, Sea-Tac Airport, Schools, Parks, Shopping & Transit, I-5, HWY 99, 509 & I-90. Purchase as an investment or buy as a personal residence. House hack, live in one unit & rent out the other 3! Below market rentals create amazing upside potential! These units are never vacant long! Current long-term tenants would love to stay and are all on month-to-month leases. Hurry this won't last!

Additional Information

List Date
2021-09-13 00:00:00
Community
Highland Park
Potential Terms
Cash Out, Conventional
Year Built
1980
View
City, Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Heating/Cooling Type
Wall
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,580
Gross Scheduled Income
$66,960
Vacancy Rate
4
Gross Adjusted Income
$45,700
Tax Year
2021
Insurance Expense
$2,700
W/S/G Expenses
$9,000
Total Expenses
$21,260
Net Operating Income
$45,700
Gross Rent Multiplier
15
Cap Rate
4
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