Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
3.25% Assumable VA Loan | North Beacon Hill Fourplex | Gross income at stated rents totals $9,527/month ($114,324/year), including pet rent and additional income. Approximate existing loan balance of $1.48M offers qualified buyers an opportunity to assume a low 3.25% interest rate. Monthly income: Unit #1 $1,620 including pet rent; Unit #2 $2,595; Unit #3 $1,065 including pet rent; Unit #4 $3,395; non-conforming caretaker unit $350; additional income $502. This classic 1900-built property offers sweeping Sound, city, and mountain views. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, and 1-bedroom garden unit, plus the non-conforming caretaker unit. Penthouse benefits from solar offset for electricity. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. Strong appeal for investors and future owner-occupants seeking rental income and flexible living options, subject to existing leases. Income is gross before operating expenses and debt service. Income and loan figures subject to verification. Assumption subject to lender approval and seller agreement regarding VA entitlement.
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