1922 S 104th Street, Seattle, WA 98168

$699,000

Listing courtesy of K2 Real Estate Associates.

List Price
$699,000
Status
ACTIVE
MLS#
1839233
Days on Market
3
Style
53 - Tri-plex
Building Condition
Good
Lot Size (sq ft)
12,000

Property Description

Triplex in desirable Boulevard Park neighborhood, 100% rented, no vacancies in 3 years, views of downtown Seattle skyline. Large lot and three spacious units, all with W/D's. Excellent owner occupant potential as main unit has expansive deck with a view. Easy commute to downtown with bus route right out the front door. Off street parking for all units. Property may also be easily converted back to single family residence while ALSO maintaining at least one rental unit to offset mortgage. Rents are BELOW MARKET and can be raised exponentially to meet current demand.

Additional Information

List Date
2021-09-14 00:00:00
Community
Boulevard Park
Potential Terms
Cash Out, Conventional, FHA
Year Built
1962
View
City
Roof
Composition
School District
Seattle
Total Monthly Income
$3,380
Gross Scheduled Income
$40,560
Gross Adjusted Income
$40,560
Tax Year
2021
Insurance Expense
$1,400
W/S/G Expenses
$4,500
Total Expenses
$16,610
Net Operating Income
$23,950
Gross Rent Multiplier
17
Cap Rate
4
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