4202 Phinney Avenue N, Seattle, WA 98103

$1,525,000
3,288
SqFt

Listing courtesy of Westlake Associates, Inc.. Selling Office: Westlake Associates, Inc..

Sold Price
$1,525,000
List Price
$1,550,000
Status
SOLD
MLS#
1295565
Closing Date
Jan 18, 2019
Days on Market
26
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,288
Area Total SqFt
3288
Annual Tax Ammount
9733
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Old world charm building located in a wonderful Fremont Location. Perfect Owner-User with rental upside. Just painted, updated electrical and plumbing, with new furnace. Zoning allows for town home development.

Additional Information

List Date
2018-12-23 00:00:00
Community
Fremont
Net Operating Income
$49,534
Gross Adjusted Income
$72,030
Gross Scheduled Income
$71,100
Total Monthly Income
$5,415
Insurance Expenses
$2,338
Water/Sewer/Garbage Expenses
$8,225
Gross Rent Multiplier
21
Total Expenses
$22,496
Cap Rate
3.2
Vacancy Rate
2
Total Number of Units
4
Unit Name
4202
Potential Terms
Cash Out
Year Built
1910
Roof
Composition
Other Expenses
2200
School District
Seattle
Total Monthly Income
$5,415
Gross Scheduled Income
$71,100
Vacancy Rate
2
Gross Adjusted Income
$72,030
Tax Year
2018
Insurance Expense
$2,338
W/S/G Expenses
$8,225
Total Expenses
$22,496
Net Operating Income
$49,534
Gross Rent Multiplier
21
Cap Rate
3.2
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