5237 Fauntleroy Way SW, Seattle, WA 98136

$1,500,000
4,500
SqFt

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Listing courtesy of John L Scott RE West Seattle. Selling Office: Blue Summit Realty LLC.

Sold Price
$1,500,000
List Price
$1,800,000
Status
SOLD
MLS#
2167079
Closing Date
Feb 08, 2024
Days on Market
62
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
4,500
Area Total SqFt
4500
Annual Tax Ammount
15215
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

1986 quality built six plex. Easy to rent. 2 bedrooms 1 bath 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.

Additional Information

List Date
2023-12-08 00:00:00
Community
Fauntleroy
Net Operating Income
$79,563
Gross Adjusted Income
$106,506
Gross Scheduled Income
$108,680
Total Monthly Income
$9,990
Insurance Expenses
$1,886
Water/Sewer/Garbage Expenses
$9,842
Gross Rent Multiplier
16.56
Total Expenses
$26,943
Cap Rate
4.42
Vacancy Rate
2
Total Number of Units
6
Unit Name
5237
Potential Terms
Cash Out, Conventional
Year Built
1986
View
Territorial
Roof
Composition
Site Features
Deck
Energy Source
Electric
School District
Seattle
Total Monthly Income
$9,990
Gross Scheduled Income
$108,680
Vacancy Rate
2
Gross Adjusted Income
$106,506
Tax Year
2023
Insurance Expense
$1,886
W/S/G Expenses
$9,842
Total Expenses
$26,943
Net Operating Income
$79,563
Gross Rent Multiplier
16.56
Cap Rate
4.42
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.
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