118 17th Avenue E, Seattle, WA 98122

$1,250,000

Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.

Sold Price
$1,250,000
List Price
$1,000,000
Status
SOLD
MLS#
1814046
Closing Date
Aug 18, 2021
Days on Market
16
Style
53 - Tri-plex
Building Condition
Fixer
Lot Size (sq ft)
4,800

Property Description

For Sale: Triplex in the heart of Capitol Hill. Part of a portfolio or available to purchase individually. Zoned LR 3(M) with with great development potential. A great triplex with three 1x1's. Rents are below market. Financial Information is proforma based. Rents are actual. 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
1905
Roof
Composition
School District
Seattle
Total Monthly Income
$4,450
Gross Scheduled Income
$70,320
Vacancy Rate
5
Gross Adjusted Income
$43,967
Tax Year
2021
Insurance Expense
$1,200
W/S/G Expenses
$4,500
Total Expenses
$26,353
Net Operating Income
$43,967
Gross Rent Multiplier
22
Cap Rate
4
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Calculator source: Real Geeks