2034 Main St

Seattle, WA 98122

Status

SOLD

MLS#

393785

Sold Price

$1,350,000

List Price

$1,495,000

Closing Date

Mar 26, 2013

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.

Property Details

List Date

2012-08-14 00:00:00

Community

Seattle

Property Type

MULT

# of Units

8

Stories

2

Unit 1 Information

Unit 1 Beds

3

Unit 1 Baths

2.00

Unit 1 Size

1200

Unit 1 Rent

$1,300

Unit 2 Information

Unit 2 Beds

3

Unit 2 Baths

2.00

Unit 2 Size

1200

Unit 2 Rent

$1,250

Unit 3 Information

Unit 3 Beds

3

Unit 3 Baths

2.00

Unit 3 Size

1200

Unit 3 Rent

$1,250

Unit 4 Information

Unit 4 Beds

3

Unit 4 Baths

2.00

Unit 4 Size

1200

Unit 4 Rent

$1,350

Financial Information

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

Additional Information

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

no photo
425-223-6021

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

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