6700 Rainier Avenue S, Seattle, WA 98118
- $850,000
- 3,100
- SqFt
Listing courtesy of Real Residential. Selling Office: eXp Realty.
- Sold Price
- $850,000
- List Price
- $875,000
- Status
- SOLD
- MLS#
- 2161085
- Closing Date
- Dec 20, 2023
- Days on Market
- 71
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,100
- Area Total SqFt
- 3100
- Annual Tax Ammount
- 6510
- Lot Size (sq ft)
- 5,610
- Sewer
- Sewer Connected
Property Description
Classic brick built duplex providing an excellent investment opportunity in thriving Brighton neighborhood. Large units consisting of unit 6700: 2beds/1bath and 6702 4 beds/1.5baths. Each unit with hardwood floors, large living rooms, kitchen with eating nook. Also 6702 has large basement family room. Each home has washer/dryer hookups plus attached garage. Landscaped yard on a corner lot. Located on the bus line and prime location minutes to Columbia City, Seward Park, and future Graham St Light Rail making for great commuter location. Ample storage and parking for tenants with attached garages. 5,610sf of LR3(M) zoning for future development possibilities. Duplex next door also for sale, see MLS 2161090. Buyer to verify all information.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2023-10-10 00:00:00
- Community
- Brighton
- Net Operating Income
- $43,861
- Gross Adjusted Income
- $55,255
- Gross Scheduled Income
- $56,964
- Total Monthly Income
- $4,747
- Insurance Expenses
- $856
- Water/Sewer/Garbage Expenses
- $3,528
- Gross Rent Multiplier
- 15.36
- Total Expenses
- $11,394
- Cap Rate
- 5.01
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 6700
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 1951
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 500
- Energy Source
- Electric, Oil
- School District
- Seattle
- Elementary School
- Brighton
- Middle School
- Mercer Mid
- High School
- Rainier Beach High
- Total Monthly Income
- $4,747
- Gross Scheduled Income
- $56,964
- Vacancy Rate
- 3
- Gross Adjusted Income
- $55,255
- Tax Year
- 2023
- Insurance Expense
- $856
- W/S/G Expenses
- $3,528
- Total Expenses
- $11,394
- Net Operating Income
- $43,861
- Gross Rent Multiplier
- 15.36
- Cap Rate
- 5.01
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.