6743 15th Avenue NW, Seattle, WA 98117
- $1,580,000
- 2,350
- SqFt
Listing courtesy of Sea to Sky Realty. Selling Office: Sea to Sky Realty.
- Sold Price
- $1,580,000
- List Price
- $1,750,000
- Status
- SOLD
- MLS#
- 2059742
- Closing Date
- Dec 12, 2023
- Days on Market
- 76
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 2,350
- Area Total SqFt
- 2350
- Annual Tax Ammount
- 9383.86
- Internet Provider
- Century Link
- Lot Size (sq ft)
- 4,366
- Sewer
- Available
Property Description
It's a highly desirable area that attracts a lot of people due to its convenient location, excellent schools, and easy access to downtown Seattle.The existing building contains 2 stories, with three 1bedroom units and one 2bedroom unit, with backyard and garage. Currently all rented out, the avaerage rent nearby are significant higher (30%) than current rent. Rapid transit stop is in front of this building, easy access to downtown Seattle and Sea-tac airport.Master Use Permit obtained, with flexible zoning code, this property generates potential for redeveloping into Commercial/ Residential dwelling.
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Additional Information
- List Date
- 2023-09-27 00:00:00
- Community
- Ballard
- Net Operating Income
- $11,497
- Gross Adjusted Income
- $2,500
- Gross Scheduled Income
- $55,200
- Total Monthly Income
- $4,600
- Insurance Expenses
- $2,894
- Water/Sewer/Garbage Expenses
- $6,569
- Gross Rent Multiplier
- 30.43
- Total Expenses
- $19,369
- Cap Rate
- 0.68
- Total Number of Units
- 4
- Unit Name
- 6743
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1906
- Roof
- Built-Up
- Electric Expenses
- 521
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $4,600
- Gross Scheduled Income
- $55,200
- Gross Adjusted Income
- $2,500
- Tax Year
- 2022
- Insurance Expense
- $2,894
- W/S/G Expenses
- $6,569
- Total Expenses
- $19,369
- Net Operating Income
- $11,497
- Gross Rent Multiplier
- 30.43
- Cap Rate
- 0.68
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.