3830 Interlake Ave N, Seattle, WA 98103

$2,350,000
4,296
SqFt

Listing courtesy of List4FlatFee.com, LLC.

List Price
$2,350,000
Status
ACTIVE
MLS#
1273433
Days on Market
94
Style
54 - 4-Plex
Building Condition
['Very Good']
Finished SqFt
4,296
Lot Size (sq ft)
6,600

Property Description

Turn-key four plex in very desirable location between Fremont and Wallingford. Quiet neighborhood, close to major bus lines. Property is in excellent condition inside and out. All units have been thoroughly updated. Strong rents and high demand. Historically very low vacancy rate (units have always rented out within 7 to 14 days with very minimal advertising). Top unit has nice views of Queen Ann. Private balconies, back yard, locked storage area. Professional landscaping.

Additional Information

List Date
2018-04-16 00:00:00
Community
Fremont
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1978
Total Parking
6
Uncovered Parking
3
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
['Deck', 'Fenced-Partially']
Lot Details
Paved Street, Sidewalk
School District
Seattle
Elementary School
Bf Day
Middle School
Hamilton Mid
High School
Roosevelt High
Total Monthly Income
$8,065
Gross Scheduled Income
$96,780
Vacancy Rate
4
Gross Adjusted Income
$92,908
Annual Taxes
$10,817
Tax Year
2017
Insurance Expense
$1,561
W/S/G Expenses
$4,200
Total Expenses
$8,161
Net Operating Income
$84,747
Gross Rent Multiplier
24
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
1050
Unit 1 Rent
$1,830
Unit 2 Beds
2
Unit 2 Baths
2.00
Unit 2 Size
1050
Unit 2 Rent
$2,015
Unit 3 Beds
2
Unit 3 Baths
2.00
Unit 3 Size
1050
Unit 3 Rent
$2,095
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
1050
Unit 4 Rent
$2,125

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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