1409 E Denny Way, Seattle, WA 98122

$1,025,000

Listing courtesy of Kidder Mathews.

List Price
$1,025,000
Status
PENDING
MLS#
1813919
Days on Market
15
Style
54 - 4-Plex
Building Condition
Good
Lot Size (sq ft)
3,200

Property Description

For Sale: Fourplex in the heart of Capitol Hill. Part of a portfolio or purchased individually. A great fourplex with two 2x1's and two 1x1's. Rents are below market large units with an open floor plan. Zoned LR3 (M) has development potential. Financial Information is proforma based. Do not disturb tenants.

Additional Information

List Date
2021-07-26 00:00:00
Community
Capitol Hill
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1910
Roof
Composition
Site Features
Deck
School District
Seattle
Total Monthly Income
$5,900
Gross Scheduled Income
$99,921
Vacancy Rate
5
Gross Adjusted Income
$69,775
Tax Year
2021
Insurance Expense
$2,000
W/S/G Expenses
$5,760
Total Expenses
$30,146
Net Operating Income
$69,775
Gross Rent Multiplier
14
Cap Rate
6
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Calculator source: Real Geeks