7415 8th Avenue NW, Seattle, WA 98117
- $1,300,000
- 3,744
- SqFt
Listing courtesy of Windermere Real Estate/HLC. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,300,000
- List Price
- $1,350,000
- Status
- SOLD
- MLS#
- 2051439
- Closing Date
- Jan 12, 2024
- Days on Market
- 336
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 3,744
- Area Total SqFt
- 3744
- Annual Tax Ammount
- 12091.75
- Lot Size (sq ft)
- 5,834
- Sewer
- Sewer Connected
Property Description
PRICE REDUCED!! Sought after Greenwood/Ballard PRIME Location! 5 Unit Well cared for Gated Complex. First time on the market. Features 2 -Two Bedrm Units & 3- One Bedrm units. All have PRIVATE Patios or Balcony. Ample parking for several cars + on street parking if needed. New Roof in 2018,Up dated Vinyl Windows, Newer Concrete parking area, Just resurfaced the Huge Deck. Many updates include some w/ newer Cabinets, Updated Bths, Flooring & more. Laundry on site. Tenants each pay$$ per month. Not included in income ratio. Rents are low! EASY to maintain Complex, On 8th Ave Near downtown Ballard you have an easy connection to enjoyable nearby highlights. Property on busline. Sewer scope & Floor plans w/dimensions available.
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Additional Information
- List Date
- 2023-02-10 00:00:00
- Community
- Greenwood
- Net Operating Income
- $55,425
- Gross Adjusted Income
- $79,800
- Gross Scheduled Income
- $75,360
- Total Monthly Income
- $6,650
- Insurance Expenses
- $2,622
- Water/Sewer/Garbage Expenses
- $9,342
- Gross Rent Multiplier
- 20.57
- Total Expenses
- $24,415
- Cap Rate
- 3.6
- Total Number of Units
- 5
- Unit Name
- 7415
- Potential Terms
- Cash Out, Conventional, Owner Financing
- Year Built
- 1959
- View
- Territorial
- Roof
- See Remarks
- Site Features
- Deck, Fenced-Partially, Gated Entry, Patio
- Electric Expenses
- 360
- Energy Source
- Electric
- School District
- Seattle
- High School
- Ballard High
- Total Monthly Income
- $6,650
- Gross Scheduled Income
- $75,360
- Gross Adjusted Income
- $79,800
- Tax Year
- 2022
- Insurance Expense
- $2,622
- W/S/G Expenses
- $9,342
- Total Expenses
- $24,415
- Net Operating Income
- $55,425
- Gross Rent Multiplier
- 20.57
- Cap Rate
- 3.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.