18909 47th Avenue S, SeaTac, WA 98188

$1,150,000

Listing courtesy of Realtyall.com.

List Price
$1,150,000
Status
ACTIVE
MLS#
2045912
Days on Market
11
Style
54 - 4-Plex
Annual Tax Ammount
9806
Lot Size (sq ft)
8,632
Sewer
Sewer Connected

Property Description

4-plex with updated kitchens, bathrooms & flooring. Close to Seatac Airport and I5, Monthly Income from Coin operated laundry . Long time tenants with very little turnover. but Rent is below current Market.Rent is Month to Month. 3 Units ( 2Bed 1 Bath) have all the same floorplan except the 1 bedroom, Rolled on roofing is rubber sealed.

Additional Information

List Date
2023-03-16 21:37:10
Community
SeaTac
Net Operating Income
$47,160
Gross Scheduled Income
$63,960
Total Monthly Income
$5,330
Insurance Expenses
$2,780
Water/Sewer/Garbage Expenses
$3,697
Gross Rent Multiplier
17.89
Total Expenses
$16,800
Cap Rate
4.1
Total Number of Units
4
Unit Name
18909
Potential Terms
Conventional, FHA
Year Built
1966
Roof
See Remarks
Electric Expenses
517
Energy Source
Electric
School District
Highland
Total Monthly Income
$5,330
Gross Scheduled Income
$63,960
Tax Year
2023
Insurance Expense
$2,780
W/S/G Expenses
$3,697
Total Expenses
$16,800
Net Operating Income
$47,160
Gross Rent Multiplier
17.89
Cap Rate
4.1
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