10009 Des Moines Memorial Drive S, Seattle, WA 98168
- $1,500,000
- 3,750
- SqFt
Listing courtesy of Keller Williams Realty PS. Selling Office: Keller Williams Realty PS.
- Sold Price
- $1,500,000
- List Price
- $1,500,000
- Status
- SOLD
- MLS#
- 2334287
- Closing Date
- Apr 08, 2025
- Days on Market
- 1
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 3,750
- Area Total SqFt
- 3750
- Annual Tax Ammount
- 11866
- Lot Size (sq ft)
- 9,018
- Sewer
- Sewer Connected
Property Description
Fully renovated in 2022, this property is a prime investment opportunity. The Boulevard Park 6 boasts a mix of five thoughtfully crafted units, including one non-conforming unit that has passed all inspections (awaiting county approval). With a combination of 1-bedroom and 2-bedroom units, this property offers a versatile living arrangement for various tenants. Modern security features, including a new camera system and gated access, provide residents with both privacy and peace of mind. Each unit is equipped with top-of-the-line appliances, stylish interior finishes, and convenient in-unit washers and dryers, ensuring long-term desirability for renters.
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Additional Information
- List Date
- 2025-04-07 00:00:00
- Community
- Boulevard Park
- Net Operating Income
- $8,766
- Gross Adjusted Income
- $123,026
- Gross Scheduled Income
- $129,240
- Insurance Expenses
- $1,737
- Water/Sewer/Garbage Expenses
- $13,942
- Gross Rent Multiplier
- 11.41
- Total Expenses
- $42,259
- Cap Rate
- 5.48
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 10009
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1961
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, Gated Entry
- Other Expenses
- 14714
- Energy Source
- Electric
- School District
- Highline
- Elementary School
- Beverly Park ElemAt
- Middle School
- Glacier Middle School
- High School
- Evergreen High
- Gross Scheduled Income
- $129,240
- Vacancy Rate
- 5
- Gross Adjusted Income
- $123,026
- Tax Year
- 2024
- Insurance Expense
- $1,737
- W/S/G Expenses
- $13,942
- Total Expenses
- $42,259
- Net Operating Income
- $8,766
- Gross Rent Multiplier
- 11.41
- Cap Rate
- 5.48
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.