405 NW Market Street, Seattle, WA 98107
- $1,435,000
- 3,620
- SqFt
Listing courtesy of RE/MAX Elite. Selling Office: Keller Williams Eastside.
- Sold Price
- $1,435,000
- List Price
- $1,500,000
- Status
- SOLD
- MLS#
- 2048618
- Closing Date
- May 12, 2023
- Days on Market
- 13
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,620
- Area Total SqFt
- 3620
- Annual Tax Ammount
- 12954
- Lot Size (sq ft)
- 5,282
- Sewer
- Sewer Connected
Property Description
Awesome opportunity to own this income generating 4-plex in the heart of highly sought after Ballard! Low maintenance & close to restaurants & shopping make this a desirable investment property. All units are 2 bedrooms, 1 bathroom & all have washers & dryers in unit & separate entries. Updated baths & fixtures. Each unit has a parking spot and off-street parking. Near major bus line & just minutes to downtown.
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Additional Information
- List Date
- 2023-04-29 00:00:00
- Community
- Ballard
- Net Operating Income
- $91,096
- Gross Adjusted Income
- $111,000
- Gross Scheduled Income
- $111,000
- Total Monthly Income
- $9,608
- Insurance Expenses
- $1,400
- Water/Sewer/Garbage Expenses
- $5,550
- Gross Rent Multiplier
- 13.51
- Total Expenses
- $19,904
- Cap Rate
- 0.06
- Total Number of Units
- 4
- Unit Name
- 405
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1959
- View
- Territorial
- Roof
- Built-Up
- Site Features
- Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- West Woodland
- Middle School
- Hamilton Mid
- High School
- Ballard High
- Total Monthly Income
- $9,608
- Gross Scheduled Income
- $111,000
- Gross Adjusted Income
- $111,000
- Tax Year
- 2022
- Insurance Expense
- $1,400
- W/S/G Expenses
- $5,550
- Total Expenses
- $19,904
- Net Operating Income
- $91,096
- Gross Rent Multiplier
- 13.51
- Cap Rate
- 0.06
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