4101 28th Avenue SW, Seattle, WA 98126
- $1,269,000
- 3,680
- SqFt
Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.
- Sold Price
- $1,269,000
- List Price
- $1,290,000
- Status
- SOLD
- MLS#
- 1145121
- Closing Date
- Sep 19, 2017
- Days on Market
- 13
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,680
- Area Total SqFt
- 3680
- Annual Tax Ammount
- 6587
- Lot Size (sq ft)
- 2,550
- Sewer
- Sewer Connected
Property Description
West Seattle location, walking distance to Alki, easy commute to downtown by bus/car, across the street from a park. Rents are below market, units not paying for utilities; IMMEDIATE UPSIDE. All corner units with large double-pane vinyl windows, ample natural light, bamboo floors in 4 units, 8 1/2 to 10-foot ceilings, and views of Downtown and/or a greenbelt from select units. Improvements include newer interior hall carpet, various improvements upon turnover, & plumbing/electric upgrades.
Additional Information
- List Date
- 2017-09-06 00:00:00
- Community
- Delridge
- Net Operating Income
- $60,498
- Gross Adjusted Income
- $85,061
- Gross Scheduled Income
- $88,605
- Total Monthly Income
- $7,384
- Insurance Expenses
- $1,835
- Water/Sewer/Garbage Expenses
- $7,192
- Gross Rent Multiplier
- 15
- Total Expenses
- $24,563
- Cap Rate
- 4.7
- Vacancy Rate
- 4
- Total Number of Units
- 6
- Unit Name
- 4101
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1920
- View
- See Remarks
- Roof
- Torch Down
- Other Expenses
- 8949
- School District
- Seattle
- Total Monthly Income
- $7,384
- Gross Scheduled Income
- $88,605
- Vacancy Rate
- 4
- Gross Adjusted Income
- $85,061
- Tax Year
- 2017
- Insurance Expense
- $1,835
- W/S/G Expenses
- $7,192
- Total Expenses
- $24,563
- Net Operating Income
- $60,498
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.7
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .