701 S Kenyon St, Seattle, WA 98108

$750,000

Listing courtesy of The Foundation Group LLC.

List Price
$750,000
Status
PENDING
MLS#
1531741
Days on Market
24
Style
54 - 4-Plex
Lot Size (sq ft)
5,000

Property Description

Turnkey apartment building in the City of Seattle. New roof and remodeled units offer an investor an great opportunity to get a high yielding asset in King County. 6 off street parking spots, new floors, and appliances make these units turn key ready. Coin operated laundry also brings in additional income. Quiet section of the nieghborhood that offers accessibility to everything in city.

Additional Information

List Date
2019-10-15 00:00:00
Community
South Park
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional, VA
Year Built
1941
Total Parking
6
Uncovered Parking
6
Exterior
Brick
Roof
Flat
Site Features
Patio
School District
Seattle
Total Monthly Income
$5,130
Gross Scheduled Income
$61,560
Gross Adjusted Income
$61,560
Annual Taxes
$4,118
Tax Year
2019
Insurance Expense
$1,200
W/S/G Expenses
$6,000
Total Expenses
$11
Net Operating Income
$50,242
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
700
Unit 1 Rent
$1,400
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
588
Unit 2 Rent
$950
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
700
Unit 3 Rent
$1,280
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
700
Unit 4 Rent
$1,350
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