6630 Rainier Avenue S, Seattle, WA 98118
- $565,000
- 2,176
- SqFt
Listing courtesy of Real Property Associates. Selling Office: Columbia Partners Real Estate.
- Sold Price
- $565,000
- List Price
- $549,999
- Status
- SOLD
- MLS#
- 2307403
- Closing Date
- Dec 12, 2024
- Days on Market
- 4
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 2,176
- Area Total SqFt
- 2176
- Annual Tax Ammount
- 4622
- Lot Size (sq ft)
- 2,025
- Sewer
- Sewer Connected
Property Description
If you are looking for a 100% occupied investment with low turnover, this is it! Unique Property with extreme visibility on corner lot Zoned L-3. Currently all residential tenants. Main Floor reconfigured & remodeled to a residential unit 2021. This charming Early Century Triplex is in the thriving Brighton neighborhood, offering a convenient location to all services, shops, restaurants, and parks. Easy access to bus & the light rail, getting around the city is a breeze. Tenants can enjoy the boutiques & beautiful Lake Washington just a short distance away. Ground unit: 2b/2b, 2nd level Unit: 2b/1b, top level Unit: 1b/1b. Total annual income is $53,220.Don't miss out on this fantastic opportunity to own a property in a prime location.
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Additional Information
- List Date
- 2024-12-08 00:00:00
- Community
- Brighton
- Net Operating Income
- $30,940
- Gross Adjusted Income
- $52,680
- Gross Scheduled Income
- $52,680
- Total Monthly Income
- $4,405
- Insurance Expenses
- $1,350
- Water/Sewer/Garbage Expenses
- $91
- Gross Rent Multiplier
- 10.44
- Total Expenses
- $21,740
- Cap Rate
- 5.63
- Total Number of Units
- 3
- Unit Name
- 6630
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1905
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, Patio
- Electric Expenses
- 11
- Other Expenses
- 15666
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Graham Hill
- Middle School
- Aki Kurose
- High School
- Rainier Beach High
- Total Monthly Income
- $4,405
- Gross Scheduled Income
- $52,680
- Gross Adjusted Income
- $52,680
- Tax Year
- 2024
- Insurance Expense
- $1,350
- W/S/G Expenses
- $91
- Total Expenses
- $21,740
- Net Operating Income
- $30,940
- Gross Rent Multiplier
- 10.44
- Cap Rate
- 5.63
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.