4416 44th Avenue SW, Seattle, WA 98116
- $1,900,000
- 6,780
- SqFt
Listing courtesy of Windermere West Metro. Selling Office: Medawar Real Estate.
- Sold Price
- $1,900,000
- List Price
- $2,350,000
- Status
- SOLD
- MLS#
- 2155977
- Closing Date
- Apr 08, 2024
- Days on Market
- 161
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,780
- Area Total SqFt
- 6780
- Annual Tax Ammount
- 15697
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Location is everything. Located in the Alaska Junction just a 1/2 block from the main street. Nice and quiet location with assigned parking and all the restaurants and shopping right out your door. Makes for easy renting and great rental rates. Gas fireplaces & Washer/Dryers in all units Lower unit could be a great owners unit with a fenced in yard. 5 covered parking & 2 uncovered. All tenants have been served notice of rent increase bringing income to $147,840 4/1/2024
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Additional Information
- List Date
- 2023-10-30 00:00:00
- Community
- Alaska Junction
- Net Operating Income
- $91,064
- Gross Adjusted Income
- $131,580
- Gross Scheduled Income
- $131,580
- Total Monthly Income
- $12,900
- Insurance Expenses
- $2,720
- Water/Sewer/Garbage Expenses
- $14,831
- Gross Rent Multiplier
- 17.85
- Total Expenses
- $40,516
- Cap Rate
- 3.87
- Total Number of Units
- 7
- Unit Name
- 4416
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1994
- Roof
- Composition, Flat
- Other Expenses
- 7268
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Total Monthly Income
- $12,900
- Gross Scheduled Income
- $131,580
- Gross Adjusted Income
- $131,580
- Tax Year
- 2022
- Insurance Expense
- $2,720
- W/S/G Expenses
- $14,831
- Total Expenses
- $40,516
- Net Operating Income
- $91,064
- Gross Rent Multiplier
- 17.85
- Cap Rate
- 3.87
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.