860 NW 85th Street, Seattle, WA 98117
- $1,275,000
- 2,910
- SqFt
Listing courtesy of Windermere Real Estate Co..
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- 1956046
- Days on Market
- 12
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,910
- Area Total SqFt
- 2910
- Lot Size (sq ft)
- 5,000
Property Description
Well-maintained tri-plex ideally situated in the Greenwood/Crown Hill/Ballard neighborhood is perfect for owner-occupancy. Spacious 3 bed, 2 bath unit with gas heat, fireplace & washer/dryer - ideal for an owner occupant. Unit A has 2 bedrooms, 1 bath, fireplace & shared laundry. Unit C has 1 bedroom, 1 bath & shared laundry. All have hardwood floors, kitchens w/eating space & storage space. Garage for 2 cars plus off street parking for 3 cars. Long-term tenants, no vacancies & low turnover. Significant rental upside as rents are low. Zoned LR2 for future development options.
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- List Date
- 2022-06-21 22:38:10
- Community
- Greenwood
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1955
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available
- Heating/Cooling Type
- Forced Air
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $4,900
- Gross Scheduled Income
- $58,800
- Gross Adjusted Income
- $58,800
- Tax Year
- 2021
- Insurance Expense
- $1,252
- Total Expenses
- $7,710
- Net Operating Income
- $51,090
- Gross Rent Multiplier
- 22
- Cap Rate
- 3.93
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.