1828 14th Avenue, Seattle, WA 98122

$1,050,000

Listing courtesy of Kidder Mathews.

List Price
$1,050,000
Status
PENDING
MLS#
1813923
Days on Market
16
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) for 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
1908
Roof
Composition
Site Features
Deck
School District
Seattle
Total Monthly Income
$5,050
Gross Scheduled Income
$99,810
Vacancy Rate
5
Gross Adjusted Income
$68,251
Tax Year
2021
Insurance Expense
$2,000
W/S/G Expenses
$5,760
Total Expenses
$31,559
Net Operating Income
$68,251
Gross Rent Multiplier
15
Cap Rate
9
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Calculator source: Real Geeks