2107 S College Street, Seattle, WA 98144

$1,200,000
2,030
SqFt

Listing courtesy of RE/MAX Eastside Brokers, Inc..

List Price
$1,200,000
Status
ACTIVE
MLS#
2162577
Days on Market
9
Style
53 - Tri-plex
Finished SqFt
2,030
Area Total SqFt
2030
Annual Tax Ammount
6730
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Well maintained craftsman style triplex centrally located in the desirable Beacon Hill neighborhood. Property includes an idyllic courtyard, expansive cedar deck with territorial views, crawl space storage and ample parking. Interior features include hardwood flooring, double pane vinyl windows and washer and dryer in each unit. Building updates during sellers ownership include separately metered water and electricity, gas line brought to main building and updated sewer line. Close proximity to shopping and bus lines.

Additional Information

List Date
2023-09-15 21:51:11
Community
N Beacon Hill
Net Operating Income
$55,670
Gross Adjusted Income
$66,000
Gross Scheduled Income
$66,000
Total Monthly Income
$5,500
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
18
Total Expenses
$10,330
Cap Rate
4.6
Total Number of Units
3
Unit Name
2107
Potential Terms
Cash Out, Conventional
Year Built
1922
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$5,500
Gross Scheduled Income
$66,000
Gross Adjusted Income
$66,000
Tax Year
2023
Insurance Expense
$1,200
W/S/G Expenses
$2,400
Total Expenses
$10,330
Net Operating Income
$55,670
Gross Rent Multiplier
18
Cap Rate
4.6
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