6111 8th Ave NW, Seattle, WA 98107

$1,195,000
2,852
SqFt

Listing courtesy of Windermere Real Estate Co..

List Price
$1,195,000
Status
ACTIVE
MLS#
1732328
Price Change
▼ $95,000 1617861782
Days on Market
57
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
2,852
Lot Size (sq ft)
1,602

Property Description

Well maintained mid-century four-plex in a prime Ballard location. Nearby local coffee, restaurants and shops. Three, one bedroom one bath units on the main floor and a spacious three bedroom, one bath owners unit upstairs. One main floor unit is fully furnished and rents for $1670.00 a month. Recently updated with new fixtures, systems and finishes. Easy street parking, bus line with quick access to downtown. A good income producing property, with low maintenance. Ideal for Owner/User or Investors!

Additional Information

List Date
2021-02-22 00:00:00
Community
Ballard
Property Type
MULT
Stories
2
Potential Terms
Cash Out
Year Built
1956
Exterior
Cement/Concrete, Wood
Roof
Flat, Torch Down
School District
Seattle
Total Monthly Income
$6,717
Gross Scheduled Income
$81,225
Vacancy Rate
2
Gross Adjusted Income
$81,225
Annual Taxes
$10,131
Tax Year
2021
Insurance Expense
$86
W/S/G Expenses
$395
Total Expenses
$11,279
Net Operating Income
$69,946
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Size
1100
Unit 1 Rent
$2,250
Unit 2 Size
450
Unit 2 Rent
$1,395
Unit 3 Size
450
Unit 3 Rent
$1,395
Unit 4 Size
450
Unit 4 Rent
$1,670
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