6556 42nd Avenue SW, Seattle, WA 98136

$1,376,600
4,080
SqFt

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Berkshire Hathaway HS NW.

Sold Price
$1,376,600
List Price
$1,400,000
Status
SOLD
MLS#
1453045
Closing Date
Jun 28, 2019
Days on Market
10
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
4,080
Area Total SqFt
4080
Annual Tax Ammount
11828
Lot Size (sq ft)
6,254
Sewer
Sewer Connected
Offer Review Date
2019-05-24

Property Description

Wonderful opportunity! Quality built 4 unit apartment complex in West Seattle. Features :3 units have 2 beds & 2 baths, a spacious 4th unit has 1 bed & 1 bath. Wood burning fireplace in each. The living area & kitchen feature a large & open concept feeling. View decks on the upper floor, patio & entertaining area on the lower units. Partial Sound & Mt views. Full laundry on the lower floor. Beautifully maintained yard & gardens. 6 parking spaces. Rent includes W/S/G and heat. Great walkability.

Additional Information

List Date
2019-06-18 00:00:00
Community
Gatewood
Net Operating Income
$54,667
Gross Adjusted Income
$75,960
Gross Scheduled Income
$75,960
Total Monthly Income
$75,960
Insurance Expenses
$1,075
Water/Sewer/Garbage Expenses
$4,493
Gross Rent Multiplier
75960
Total Expenses
$21,293
Cap Rate
3.98
Total Number of Units
4
Unit Name
6556
Potential Terms
Cash Out, Conventional
Year Built
1971
View
Mountain(s), Sound
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, Patio, Sprinkler System
Electric Expenses
826
Other Expenses
1999
School District
Seattle
Elementary School
Gatewood
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$75,960
Gross Scheduled Income
$75,960
Gross Adjusted Income
$75,960
Tax Year
2019
Insurance Expense
$1,075
W/S/G Expenses
$4,493
Total Expenses
$21,293
Net Operating Income
$54,667
Gross Rent Multiplier
75960
Cap Rate
3.98
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