12356 14th Avenue NE, Seattle, WA 98125
- $1,250,000
- 3,780
- SqFt
Listing courtesy of Katrina Eileen. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $1,250,000
- List Price
- $1,299,950
- Status
- SOLD
- MLS#
- 2052637
- Closing Date
- Sep 29, 2023
- Days on Market
- 135
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,780
- Area Total SqFt
- 3780
- Annual Tax Ammount
- 7304
- Lot Size (sq ft)
- 8,021
- Sewer
- Sewer Connected
Property Description
Expand-ability, Value Add, Location, LR1 (M), Transit. You can buy this 4-plex with conventional financing and live in the best unit. Or buy this as an investment and have lots of ways to improve rents, build additional units, or rent out while getting plans approved for townhouses.. Lot's of options with this one! Beginning feasibility study has been done and agent can provide documents!
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Additional Information
- List Date
- 2023-05-17 00:00:00
- Community
- Pinehurst
- Net Operating Income
- $58,561
- Gross Adjusted Income
- $73,815
- Gross Scheduled Income
- $77,700
- Total Monthly Income
- $6,475
- Insurance Expenses
- $972
- Water/Sewer/Garbage Expenses
- $580
- Gross Rent Multiplier
- 17
- Total Expenses
- $8,874
- Cap Rate
- 4.2
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 12356
- Potential Terms
- Cash Out, Conventional, VA Loan
- Year Built
- 1958
- Roof
- Torch Down
- Electric Expenses
- 18
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Olympic View
- Middle School
- Jane Addams
- High School
- Nathan Hale High
- Total Monthly Income
- $6,475
- Gross Scheduled Income
- $77,700
- Vacancy Rate
- 5
- Gross Adjusted Income
- $73,815
- Tax Year
- 2022
- Insurance Expense
- $972
- W/S/G Expenses
- $580
- Total Expenses
- $8,874
- Net Operating Income
- $58,561
- Gross Rent Multiplier
- 17
- Cap Rate
- 4.2
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.