4023 46th Avenue SW, Seattle, WA 98116

$827,500
2,540
SqFt

Listing courtesy of Real Property Associates. Selling Office: Weisbarth & Associates.

Sold Price
$827,500
List Price
$835,000
Status
SOLD
MLS#
2012997
Closing Date
Apr 13, 2023
Days on Market
92
Style
52 - Duplex
Building Condition
Average
Finished SqFt
2,540
Area Total SqFt
2540
Annual Tax Ammount
7169
Internet Provider
Comcast
Lot Size (sq ft)
5,750
Sewer
Sewer Connected

Property Description

Great investment opportunity in desirable West Seattle. Prime location, just minutes from Alki beach, the Junction & newly opened W. Seattle bridge. This property is a rambler style duplex w/partially finished basement. Unit A features 2 beds, 1 bath and Unit B features 1 bed, 1 bath. KC parcel shows this property as 4 beds, 3 baths. Along with off street parking and a lovely courtyard, the partially finished basement has the 4th bedroom and 3rd bathroom w/separate entrance from the utility/storage portion of the basement. This property has been well cared for over the years but is ready for some updates. This is the one you have been waiting for!

Additional Information

List Date
2023-01-11 00:00:00
Community
Genesee
Net Operating Income
$27,024
Gross Adjusted Income
$39,715
Gross Scheduled Income
$39,715
Total Monthly Income
$3,309
Insurance Expenses
$1,807
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
21.02
Total Expenses
$12,691
Cap Rate
3
Total Number of Units
2
Unit Name
4023
Potential Terms
Cash Out, Conventional
Year Built
1965
Roof
Composition
Site Features
Cable TV, Gas Available, Patio
Electric Expenses
1915
Energy Source
Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,309
Gross Scheduled Income
$39,715
Gross Adjusted Income
$39,715
Tax Year
2022
Insurance Expense
$1,807
W/S/G Expenses
$1,800
Total Expenses
$12,691
Net Operating Income
$27,024
Gross Rent Multiplier
21.02
Cap Rate
3
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