3620 Burke Avenue N, Seattle, WA 98103

$1,450,000
3,300
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$1,450,000
Status
ACTIVE
MLS#
2028081
Days on Market
16
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,300
Area Total SqFt
3300
Annual Tax Ammount
11667
Internet Provider
Xfinity
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

Charming period 4 plex in prime Wallingford neighborhood just short walk to Lake Union, Gas Works Park, Fremont, N 45th St business district, Green Lake & The Ave! Top floor unit 1 is a spacious 2 bedroom apartment with inspiring views of the Cascades, Lake Union & City Skyline and features big kitchen w/ gas range, washer/dryer&DW, large living/dining rooms w/ high ceilings, spacious back view deck & front balcony. 2 is same floor plan as 1 & features Cascade and city views, new fridge, gas range, spacious living/dining rooms & big deck. 1 & 2 have E,S,W facing windows providing lots of light. Units 3 & 4 are same floor plans & include gas heat & ranges. Large fenced back yard with plenty of room for outdoor grilling & activities.

Additional Information

List Date
2023-01-20 17:58:10
Community
Wallingford
Net Operating Income
$74,583
Gross Adjusted Income
$88,800
Gross Scheduled Income
$88,800
Total Monthly Income
$7,400
Insurance Expenses
$2,550
Gross Rent Multiplier
16.33
Total Expenses
$14,217
Cap Rate
5.1
Total Number of Units
4
Unit Name
3620
Potential Terms
Cash Out, Conventional
Year Built
1905
View
City, Lake, Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, Patio
Heating/Cooling Type
Baseboard, Forced Air, Wall
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,400
Gross Scheduled Income
$88,800
Gross Adjusted Income
$88,800
Tax Year
2022
Insurance Expense
$2,550
Total Expenses
$14,217
Net Operating Income
$74,583
Gross Rent Multiplier
16.33
Cap Rate
5.1
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