5417 Fauntleroy Way SW, Seattle, WA 98136

$2,950,000
4,800
SqFt

Listing courtesy of My Seattle Realty, Inc.

List Price
$2,950,000
Status
ACTIVE
MLS#
2227417
Days on Market
12
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
4,800
Area Total SqFt
4800
Annual Tax Ammount
15169
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Hampton Court Apartments, a well-positioned 6-unit apartment complex situated in the West Seattle neighborhood. Constructed in 1990, this property features a desirable blend of 1bd and 2bd units, each boasting spacious and open floor plans.The apartments are equipped with full appliance packages and individual utility rooms containing washers and dryers.Offers excellent walkability to local amenities and convenient access to major tech employment hubs such as SLU & Downtown Seattle. Nestled in the heart of West Seattle's urban village, residents of Hampton Court Apartments enjoy easy accessibility to the Metro Rapid Ride Transit Hub, providing seamless connections to Downtown Seattle and SLU.No vacancies and rents have been below market.

Additional Information

List Date
2024-04-23 21:25:10
Community
West Seattle
Net Operating Income
$117,450
Gross Adjusted Income
$147,360
Gross Scheduled Income
$147,360
Total Monthly Income
$12,280
Insurance Expenses
$4,159
Water/Sewer/Garbage Expenses
$10,037
Gross Rent Multiplier
21
Total Expenses
$29,909
Cap Rate
3.98
Total Number of Units
6
Unit Name
5417
Potential Terms
Cash Out, Conventional
Year Built
1990
View
Territorial
Roof
Composition
Site Features
Fenced-Fully
Other Expenses
544
Energy Source
Electric
School District
Seattle
Total Monthly Income
$12,280
Gross Scheduled Income
$147,360
Gross Adjusted Income
$147,360
Tax Year
2023
Insurance Expense
$4,159
W/S/G Expenses
$10,037
Total Expenses
$29,909
Net Operating Income
$117,450
Gross Rent Multiplier
21
Cap Rate
3.98
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