Listing courtesy of Kelly Right RE of Seattle LLC 206-525-5235
$1,080,000
Rare brick fourplex featuring private fenced backyards for each unit—an exceptional amenity that's hard to find. This well-maintained investment property offers a strong 5.39% cap rate based on actual rental income and generates approximately $79,800 in current gross annual rent. Extensive updates include remodeled kitchens, upgraded plumbing and electrical systems,… Read More new flooring, fresh paint, improved landscaping, updated windows, and a new roof. The property is further enhanced by convenient on-site laundry facilities and benefits from stable, long-term tenants, supporting consistent cash flow. Durable materials and low-maintenance features help minimize operating costs. Each unit provides comfortable, highly marketable living space in a desirable location close to libraries, shopping, restaurants, cafes, bars, parks, and freeway access. With a Walk Score of 80, residents enjoy convenient access to a wide variety of neighborhood amenities. Read Less
Listing courtesy of Kelly Right RE of Seattle LLC 206-525-5235
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
98
Days on Website
98
Last Updated
Property Type
Multi Family
Square Ft.
2,662
Lot Size
0.38 Acres
Year Built
1954
Property Tax
$12,293
MLS Number
2546650
Additional Details | Source HomeJunction
Building
Built in 1954, Built in 1954 (effective), 1 storey, Construction Materials: Brick
Cooling
None
Expenses
Electric: $720, Insurance: $2,301
Exterior Features
Brick
Floors
Laminate
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $81,420, Net Operating Income: $68,820
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.