2348 W Plymouth Street, Seattle, WA 98199

$1,600,000
4,770
SqFt

Listing courtesy of Paragon Real Estate Advisors.

List Price
$1,600,000
Status
PENDING
MLS#
1843578
Days on Market
13
Style
53 - Tri-plex
Finished SqFt
4,770
Lot Size (sq ft)
6,000

Property Description

Built in 1973 by the seller’s father and meticulously maintained over the past 48 years, this is the first time it has been offered for sale. Each large 1,590 square foot unit in this wood-framed building is 3 Bedroom/1.75 Bathroom with a full-sized washer/dryer and 2 fireplaces. All units have some views of the city skyline and Elliott Bay. One of the units is essentially a blank canvas and has been left vacant for showings and for the new owner or owner/occupant to add their own personal touch and design. Positioned perfectly for the area’s explosive growth, the neighborhood has public transit nearby with quick access to downtown Seattle and other employment hubs.

Additional Information

List Date
2021-09-22 18:27:11
Community
Magnolia
Potential Terms
Cash Out, Conventional, FHA
Year Built
1973
Roof
Flat
School District
Seattle
Total Monthly Income
$6,309
Gross Scheduled Income
$114,720
Vacancy Rate
3
Gross Adjusted Income
$11,278
Tax Year
2021
Insurance Expense
$1,500
W/S/G Expenses
$4,651
Total Expenses
$22,733
Net Operating Income
$88,545
Gross Rent Multiplier
13
Cap Rate
5
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