5401 Baker Avenue NW, Seattle, WA 98107
- $1,482,000
- 4,360
- SqFt
Listing courtesy of Windermere Real Estate Co.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,482,000
- List Price
- $1,550,000
- Status
- SOLD
- MLS#
- 2246643
- Closing Date
- Oct 02, 2024
- Days on Market
- 22
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 4,360
- Area Total SqFt
- 4360
- Annual Tax Ammount
- 15845
- Lot Size (sq ft)
- 12,059
- Sewer
- Sewer Connected
Property Description
Spacious triplex in the desirable Greenwood Triangle, featuring large 1400+ sqft units, each with 2 bedrooms and 1.5 baths, and equipped with full-size washers and dryers. Two of the units have been recently updated, adding a modern touch to the property. The top unit includes a 2-car garage, making it an ideal owner’s unit, while the other units share a carport and benefit from ample off-street parking on a quiet dead-end street. All three units offer stunning views, enhancing their rent potential. With three separate electric meters, managing utilities is convenient and efficient. Additionally, two of the units are currently vacant, allowing for easy viewing. This property offers a unique blend of privacy, space, and investment potential.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-09-10 00:00:00
- Community
- Woodland Park
- Net Operating Income
- $74,073
- Gross Adjusted Income
- $98,040
- Gross Scheduled Income
- $103,200
- Total Monthly Income
- $8,600
- Insurance Expenses
- $1,452
- Water/Sewer/Garbage Expenses
- $5,400
- Gross Rent Multiplier
- 15
- Total Expenses
- $23,967
- Cap Rate
- 4.7
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 5401
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1961
- View
- Mountain(s), Territorial
- Roof
- Torch Down
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
- Electric Expenses
- 300
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- West Woodland
- Middle School
- Hamilton Mid
- High School
- Ballard High
- Total Monthly Income
- $8,600
- Gross Scheduled Income
- $103,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $98,040
- Tax Year
- 2021
- Insurance Expense
- $1,452
- W/S/G Expenses
- $5,400
- Total Expenses
- $23,967
- Net Operating Income
- $74,073
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.7
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.