4125 SW Graham Street, Seattle, WA 98136

$1,645,000
4,340
SqFt

Listing courtesy of John L. Scott Westwood. Selling Office: Westlake Associates, Inc..

Sold Price
$1,645,000
List Price
$1,750,000
Status
SOLD
MLS#
1842384
Closing Date
Jan 10, 2022
Days on Market
62
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
4,340
Area Total SqFt
4340
Annual Tax Ammount
16570
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

First time on market in 20 years. Solid seven unit building located in the heart of West Seattle Morgan Junction. Conveniently located just a short walk from Rapid C bus lines, grocery shopping and several restaurants and pubs. All units are corner units with great natural light and no common walls. Three units have laundry/pantry. Building has laundry and storage room. Six off street parking places. Below market rents for great upside potential.

Additional Information

List Date
2021-11-09 00:00:00
Community
Fairmount
Net Operating Income
$73,057
Gross Scheduled Income
$108,540
Total Monthly Income
$9,045
Insurance Expenses
$3,700
Water/Sewer/Garbage Expenses
$7,757
Gross Rent Multiplier
16
Total Expenses
$31,527
Cap Rate
4.1
Vacancy Rate
3
Total Number of Units
7
Unit Name
4125
Potential Terms
Cash Out
Year Built
1965
Roof
Torch Down
Other Expenses
3500
Energy Source
Electric
School District
Seattle
Total Monthly Income
$9,045
Gross Scheduled Income
$108,540
Vacancy Rate
3
Tax Year
2021
Insurance Expense
$3,700
W/S/G Expenses
$7,757
Total Expenses
$31,527
Net Operating Income
$73,057
Gross Rent Multiplier
16
Cap Rate
4.1
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