5004 Latona Avenue NE, Seattle, WA 98105

$2,160,000
3,751
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$2,160,000
Status
ACTIVE
MLS#
1864764
Days on Market
9
Style
53 - Tri-plex
Building Condition
Under Construction
Finished SqFt
3,751
Area Total SqFt
3751
Lot Size (sq ft)
3,919

Property Description

New Construction "Condo" Tri-Plex...under construction. Located at the cross roads of Green Lake/Wallingford and UW. Perfect rental location with off street and garage parking. Each unit plumbed for washer/dryer hook up (W/D not included).All units could be sold separately, if desired, in the future. All utilities paid by unit occupant. Great Investment with no maintenance headaches for years! One minute to freeway access at 50th. Bike Score: 89 -Walk Score: 84-Transit Score: 76. Dorm alternative- investment opportunity! EV Charging Stations for each unit...Taxes & Insurance #s are estimates! Rents are Pro Forma!

Additional Information

List Date
2021-11-18 19:12:12
Community
Wallingford
Potential Terms
Cash Out, Conventional
Year Built
2021
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available
Heating/Cooling Type
Ductless HP-Mini Split, Wall
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$10,000
Gross Scheduled Income
$120,000
Gross Adjusted Income
$120,000
Tax Year
2021
Insurance Expense
$2,200
Total Expenses
$20,200
Net Operating Income
$99,800
Gross Rent Multiplier
18
Cap Rate
4
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