718 N 85th St, Seattle, WA 98103
- $1,130,000
- 3,240
- SqFt
Listing courtesy of Coldwell Banker Bain. Selling Office: .
- Sold Price
- $1,130,000
- List Price
- $1,225,000
- Status
- SOLD
- MLS#
- 1157290
- Closing Date
- Dec 05, 2017
- Days on Market
- 97
- Style
- 54 - 4-Plex
- Building Condition
- ['Remodeled']
- Finished SqFt
- 3,240
- Lot Size (sq ft)
- 5,100
Property Description
A rare 4-plex in Greenwood! This completely renovated four-unit building has two brand new and two updated units. It was designed to provide long-term peace of mind to its owner. Improvements include new plumbing and electrical, new roof, new windows, fire sprinklers, retrofitting to code, and paint throughout. Updated kitchens and bathrooms. Two units have in-unit washer/dryer, two units have common washer/dryer. LR3 zoning allows many options for future development or additions.
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Additional Information
- List Date
- 2017-07-15 00:00:00
- Community
- Greenwood
- Property Type
- MULT
- Units
- 4
- Stories
- 2
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1955
- Total Parking
- 4
- Uncovered Parking
- 4
- Exterior
- Brick
- Roof
- Composition
- Site Features
- ['Fenced-Partially']
- Lot Details
- Curbs, Paved Street, Sidewalk
- School District
- Seattle
- Elementary School
- Daniel Bagley
- Middle School
- Buyer To Verify
- High School
- Ingraham High
- Total Monthly Income
- $5,945
- Gross Scheduled Income
- $71,340
- Gross Adjusted Income
- $71,340
- Annual Taxes
- $5,476
- Tax Year
- 2017
- Insurance Expense
- $1,565
- W/S/G Expenses
- $4,560
- Total Expenses
- $11,781
- Net Operating Income
- $59,559
- Gross Rent Multiplier
- 17
- Cap Rate
- 4
Room Dimensions
- Unit 1 Beds
- 1
- Unit 1 Baths
- 1.00
- Unit 1 Size
- 510
- Unit 1 Rent
- $1,100
- Unit 2 Beds
- 1
- Unit 2 Baths
- 1.00
- Unit 2 Size
- 750
- Unit 2 Rent
- $1,455
- Unit 3 Beds
- 1
- Unit 3 Baths
- 1.00
- Unit 3 Size
- 870
- Unit 3 Rent
- $1,490
- Unit 4 Beds
- 2
- Unit 4 Baths
- 1.00
- Unit 4 Size
- 870
- Unit 4 Rent
- $1,900
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