Bought with ShopProp Inc.
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,740 sqft
Price per Sqft $456
Subdivision Wedgwood
MLS Listing ID 1626256
Sold Date 08/26/20
Style 54 - 4-Plex
Year Built 1911
Annual Tax Amount $12,330
Lot Size 9,482 Sqft
Lot Dimensions 85 x 111.5
Property Description
Meticulously maintained 4-Plex in a desirable Wedgwood neighborhood. Large 9482sf LR1 corner lot provides future development opportunities. All units remodeled. Updated electric & plumbing. Newer roof,flooring & kitchens. Coin-op laundry for additional income. All units occupied w/ quality tenants. Easy access to UW, Downtown & Northgate's new light rail station. Solid turn-key investment. New owner could get 6% CAP and 12.7% ROI (5%+ current CAP). Ask agent for videos.
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
Flooring Ceramic Tile, Engineered Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Deck, Fenced-Partially, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Sewer Sewer Connected
Water See Remarks
New Construction No
Schools
Elementary Schools Seattle Public Sch
Middle Schools Seattle Public Sch
High Schools Seattle Public Sch
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Gini Anderson
Managing Broker | License ID: 27862
Managing Broker License ID: 27862