1414 SW Cambridge Street, Seattle, WA 98106
- $1,200,000
- 3,004
- SqFt
Listing courtesy of Berkshire Hathaway HS NW.
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 2204168
- Days on Market
- 64
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 3,004
- Area Total SqFt
- 3004
- Annual Tax Ammount
- 8599
- Lot Size (sq ft)
- 5,085
- Sewer
- Sewer Connected
Property Description
Welcome to this exceptional 4-plex nestled in the heart of Seattle's vibrant community, offering an enticing blend of convenience, potential, and profitability. Perfectly situated, this property caters to both investors seeking promising returns and residents craving the quintessential Seattle lifestyle. Investor Opportunity: With four individual units, each presenting rental income potential, this property is a investment opportunity not to be missed. Whether you're an experienced investor or just starting your portfolio, this 4-plex promises steady cash flow and long-term appreciation in Seattle's thriving real estate market.Located in one of Seattle's most sought-after neighborhoods, convenience is at your doorstep. Enjoy
Additional Information
- List Date
- 2024-03-01 23:02:10
- Community
- Highland Park
- Net Operating Income
- $46,794
- Gross Adjusted Income
- $46,794
- Gross Scheduled Income
- $72,000
- Total Monthly Income
- $6,000
- Insurance Expenses
- $2,200
- Water/Sewer/Garbage Expenses
- $13,642
- Gross Rent Multiplier
- 16.6
- Total Expenses
- $25,206
- Cap Rate
- 3.89
- Total Number of Units
- 4
- Unit Name
- 1414
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1969
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Patio
- Electric Expenses
- 765
- Energy Source
- Geothermal
- School District
- Seattle
- Total Monthly Income
- $6,000
- Gross Scheduled Income
- $72,000
- Gross Adjusted Income
- $46,794
- Tax Year
- 2023
- Insurance Expense
- $2,200
- W/S/G Expenses
- $13,642
- Total Expenses
- $25,206
- Net Operating Income
- $46,794
- Gross Rent Multiplier
- 16.6
- Cap Rate
- 3.89
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