2034 Main St

Seattle, WA 98122

$1,350,000
8,565
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: .

Sold Price
$1,350,000
List Price
$1,495,000
Status
SOLD
MLS#
393785
Closing Date
Mar 26, 2013
Days on Market
224
Style
55 - 5-Plex
Size
8,565
Lot Size (sq ft)
12,196

Property Description

Price Reduction! This eight unit townhome complex, constructed in 1999, is located next to a park, close to the CBD, within walking distance to major bus lines and is centrally located to all areas of Seattle. This property features a unit mix with 5 3bd/2.5bth and three 2bd/2bth units. Tenants enjoy W/D in units and on-site parking.

425-223-6021

Additional Information

List Date
2012-08-14 00:00:00
Community
Seattle
Property Type
MULT
# of Units
8
Stories
2
Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1200
Unit 1 Rent
$1,300
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1200
Unit 2 Rent
$1,250
Unit 3 Beds
3
Unit 3 Baths
2.00
Unit 3 Size
1200
Unit 3 Rent
$1,250
Unit 4 Beds
3
Unit 4 Baths
2.00
Unit 4 Size
1200
Unit 4 Rent
$1,350
Net Operating Income
$75,657
Gross Adjusted Income
$112,954
Gross Scheduled Income
$117,660
Total Monthly Income
$9,805
Insurance Expense
$2,000
W/S/G Expenses
$1,400
Total Expenses
$37,297
Gross Rent Multiplier
13
Vacancy Rate
4
Cap Rate
4.88
Year Built
1999
Total Parking
4
Uncovered Parking
4
Exterior
Metal/Vinyl
Roof
Composition
Annual Taxes
$12,997
Tax Year
2012
School District
Seattle
Potential Terms
Cash Out

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