5221 5225 Fauntleroy Way SW, Seattle, WA 98136
- $2,500,000
- 5,976
- SqFt
Listing courtesy of John L Scott RE West Seattle. Selling Office: Heaton Dainard, LLC.
- Sold Price
- $2,500,000
- List Price
- $2,600,000
- Status
- SOLD
- MLS#
- 2166891
- Closing Date
- Dec 20, 2023
- Days on Market
- 31
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 5,976
- Area Total SqFt
- 5976
- Annual Tax Ammount
- 18768
- Lot Size (sq ft)
- 8,806
- Sewer
- Sewer Connected
Property Description
This is for 2 1984 quality built fourplexes for a total of 8 units. Easy to rent. 2 bedrooms 1 bath and a fireplace in each plus washer and dryers as well. Built and beautifully maintained by the original ownership family. Functional and efficient floor plans with off street parking. Many updates. Close to West Seattle Junction amenities. 2 building on separate lots.
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Additional Information
- List Date
- 2023-11-19 00:00:00
- Community
- Fauntleroy
- Net Operating Income
- $120,480
- Gross Adjusted Income
- $153,644
- Gross Scheduled Income
- $156,780
- Total Monthly Income
- $13,015
- Insurance Expenses
- $2,359
- Water/Sewer/Garbage Expenses
- $11,178
- Gross Rent Multiplier
- 16.58
- Total Expenses
- $32,305
- Cap Rate
- 4.67
- Vacancy Rate
- 2
- Total Number of Units
- 8
- Unit Name
- 5221 5225
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1984
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $13,015
- Gross Scheduled Income
- $156,780
- Vacancy Rate
- 2
- Gross Adjusted Income
- $153,644
- Tax Year
- 2023
- Insurance Expense
- $2,359
- W/S/G Expenses
- $11,178
- Total Expenses
- $32,305
- Net Operating Income
- $120,480
- Gross Rent Multiplier
- 16.58
- Cap Rate
- 4.67
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.