8409 Delridge Way SW, Seattle, WA 98106
- $925,000
- 3,248
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $925,000
- List Price
- $965,000
- Status
- SOLD
- MLS#
- 1462154
- Closing Date
- Jul 15, 2019
- Days on Market
- 12
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,248
- Area Total SqFt
- 3248
- Annual Tax Ammount
- 5628
- Lot Size (sq ft)
- 5,917
- Sewer
- Sewer Connected
Property Description
Cashflowing 4-plex in West Seattle. 6.1% Cap in place with upside. 2 units completely remodeled. All 2 bed units with upper units have 1.5 baths. Owner is painting exterior of the building and finishing a landscaping project.
Additional Information
- List Date
- 2019-07-03 00:00:00
- Community
- Delridge
- Net Operating Income
- $58,938
- Gross Adjusted Income
- $73,553
- Gross Scheduled Income
- $77,424
- Total Monthly Income
- $6,452
- Insurance Expenses
- $1,224
- Water/Sewer/Garbage Expenses
- $7,763
- Gross Rent Multiplier
- 12
- Total Expenses
- $14,615
- Cap Rate
- 6.11
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 8409
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1979
- Roof
- Composition
- School District
- Seattle
- Total Monthly Income
- $6,452
- Gross Scheduled Income
- $77,424
- Vacancy Rate
- 5
- Gross Adjusted Income
- $73,553
- Tax Year
- 2019
- Insurance Expense
- $1,224
- W/S/G Expenses
- $7,763
- Total Expenses
- $14,615
- Net Operating Income
- $58,938
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.11
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