220 N 110th Street, Seattle, WA 98133
- $920,000
- 3,120
- SqFt
Listing courtesy of Coldwell Banker Danforth. Selling Office: Coldwell Banker Danforth.
- Sold Price
- $920,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2341254
- Closing Date
- May 29, 2025
- Days on Market
- 35
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,120
- Area Total SqFt
- 3120
- Annual Tax Ammount
- 9978
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,671
- Sewer
- Sewer Connected
Property Description
Great investment opportunity with this 4 unit building in Greenwood. The property is zoned LR3. The neighboring property is 14 units on the same sized lot with the same zoning. Lots of potential here. There are three 2br 1 bath units and one studio. Easy to rent location in Greenwood. There are 3 covered parking spaces in the carport, and plenty of off street parking. Most of the units have washers and dryers in their units. Rents are well below market and represent an opportunity to increase cash flow.
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Additional Information
- List Date
- 2025-04-24 00:00:00
- Community
- Greenwood
- Net Operating Income
- $38,737
- Gross Adjusted Income
- $67,422
- Gross Scheduled Income
- $72,600
- Total Monthly Income
- $6,050
- Insurance Expenses
- $2,655
- Water/Sewer/Garbage Expenses
- $7,656
- Gross Rent Multiplier
- 16.53
- Total Expenses
- $31,685
- Cap Rate
- 3
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 220
- Potential Terms
- Cash, Conventional
- Year Built
- 1951
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio
- Other Expenses
- 11396
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $6,050
- Gross Scheduled Income
- $72,600
- Vacancy Rate
- 3
- Gross Adjusted Income
- $67,422
- Tax Year
- 2023
- Insurance Expense
- $2,655
- W/S/G Expenses
- $7,656
- Total Expenses
- $31,685
- Net Operating Income
- $38,737
- Gross Rent Multiplier
- 16.53
- Cap Rate
- 3
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.