5417 Fauntleroy Way SW, Seattle, WA 98136

$1,857,500
4,800
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: My Seattle Realty, Inc.

Sold Price
$1,857,500
List Price
$1,900,000
Status
SOLD
MLS#
1343132
Closing Date
Oct 31, 2018
Days on Market
40
Style
55 - 5-9 Units
Finished SqFt
4,800
Area Total SqFt
4800
Annual Tax Ammount
13836
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Well located 6-unit apartment building in the very walkable and amenity rich West Seattle neighborhood. 1990 construction with a nice mix of 1BD and 2BD units with open and spacious floor plans. Units boast full appliance packages and separate utility rooms with washers/dryers.

Additional Information

List Date
2018-09-21 00:00:00
Community
West Seattle
Net Operating Income
$76,648
Gross Adjusted Income
$111,132
Gross Scheduled Income
$113,400
Total Monthly Income
$9,450
Insurance Expenses
$2,709
Water/Sewer/Garbage Expenses
$9,089
Gross Rent Multiplier
16
Total Expenses
$34,484
Cap Rate
4.03
Vacancy Rate
2
Total Number of Units
6
Unit Name
5417
Potential Terms
Cash Out
Year Built
1990
Roof
Composition
Other Expenses
8850
School District
Seattle
Total Monthly Income
$9,450
Gross Scheduled Income
$113,400
Vacancy Rate
2
Gross Adjusted Income
$111,132
Tax Year
2018
Insurance Expense
$2,709
W/S/G Expenses
$9,089
Total Expenses
$34,484
Net Operating Income
$76,648
Gross Rent Multiplier
16
Cap Rate
4.03
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