6103 37th Avenue NW Unit #1,2,3, Seattle, WA 98107

$1,795,000
3,690
SqFt

Listing courtesy of Windermere RE Magnolia.

List Price
$1,795,000
Status
PENDING
MLS#
2195284
Days on Market
9
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,690
Area Total SqFt
3690
Annual Tax Ammount
14779
Internet Provider
Xfinity
Lot Size (sq ft)
5,300
Sewer
Sewer Connected

Property Description

Outstanding Views! Spectacular location! Beautifully perched above Shilshole Bay, this Mid-century Triplex is a rare find! Tucked away in a quiet corner, dead end street; steps to the Burke Gilman trail, Golden Gardens & the Locks. The 1,530 sf top floor unit has 2 Beds & 1.5 baths, with large picture windows to enjoy sunsets and boat activity. The unit faces West & South with unobstructed views of Puget Sound. Unit 2 is 1,260 sq. ft; 2 beds & 1 bath. It also boasts amazing Western water views. Unit 3 is 900 sq. ft; 1 bed & 1 bath and has views of the Sound. These units are consistently rented with long term tenants. Great investment opportunity! Live in top floor unit & keep other 2 units as rentals. Property has endless possibilities.

Additional Information

List Date
2024-02-21 21:41:12
Community
Sunset Hill
Net Operating Income
$80,924
Gross Adjusted Income
$104,400
Gross Scheduled Income
$101,400
Total Monthly Income
$8,700
Insurance Expenses
$1,764
Water/Sewer/Garbage Expenses
$4,230
Gross Rent Multiplier
17.19
Total Expenses
$23,476
Cap Rate
4.5
Total Number of Units
3
Unit Name
6103
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1961
View
Bay, Mountain(s), Sound, Territorial
Roof
Torch Down
Site Features
Cable TV, Deck, Gas Available
Energy Source
Natural Gas
School District
Seattle
Middle School
Whitman Mid
High School
Ballard High
Total Monthly Income
$8,700
Gross Scheduled Income
$101,400
Gross Adjusted Income
$104,400
Tax Year
2023
Insurance Expense
$1,764
W/S/G Expenses
$4,230
Total Expenses
$23,476
Net Operating Income
$80,924
Gross Rent Multiplier
17.19
Cap Rate
4.5
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. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks