9015 9th Avenue SW, Seattle, WA 98106

$930,000
2,478
SqFt

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Listing courtesy of Skyline Properties, Inc.. Selling Office: COMPASS.

Sold Price
$930,000
List Price
$950,000
Status
SOLD
MLS#
2256250
Closing Date
Sep 03, 2024
Days on Market
27
Style
54 - 4-Plex
Finished SqFt
2,478
Area Total SqFt
2478
Annual Tax Ammount
8249
Lot Size (sq ft)
4,780
Sewer
Sewer Connected

Property Description

Updated and well-maintained 4-plex in convenient central Highland Park location! Walking distance to parks and just minutes from Westwood Village, highways, downtown Seattle and Sea-Tac airport. Desirable unit mix with two 2-bed/1-bath units and two 1-bed/1-bath units. Units rented to great long term tenants at below market rates leaving HUGE upside potential! Coin-operated W/D in shared laundry room provides additional revenue. Off-street parking. Don’t miss out!

Additional Information

List Date
2024-08-07 00:00:00
Community
Highland Park
Net Operating Income
$45,388
Gross Adjusted Income
$63,560
Gross Scheduled Income
$65,160
Total Monthly Income
$5,430
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$7,523
Gross Rent Multiplier
14
Total Expenses
$18,172
Cap Rate
4.78
Vacancy Rate
2
Total Number of Units
4
Unit Name
9015
Potential Terms
Cash Out, Conventional
Year Built
1966
View
Mountain(s), Territorial
Roof
Torch Down
Site Features
Cable TV, Fenced-Partially
Other Expenses
900
Energy Source
Electric
School District
Seattle
Elementary School
Highland Park
Middle School
Denny Mid
High School
Sealth High
Total Monthly Income
$5,430
Gross Scheduled Income
$65,160
Vacancy Rate
2
Gross Adjusted Income
$63,560
Tax Year
2024
Insurance Expense
$1,500
W/S/G Expenses
$7,523
Total Expenses
$18,172
Net Operating Income
$45,388
Gross Rent Multiplier
14
Cap Rate
4.78
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.

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