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8330 Wabash Ave S, Seattle, WA 98118 (MLS # 1464392)

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Listing provided by RE/MAX Metro Realty, Inc., sold by Skyline Properties, Inc.

PRICE $815,000
BEDS 8
BATHS 4 baths
HOME SIZE 3,500 sq ft
LOT SIZE 8,000 sqft

Opportunity Zone Census Tract 118. Great 4plex on 8,000 sq ft LR2 M zoned lot with alley access near light rail! All 2 bed units, coin op laundry, 8 offstreet parking spots. Property sits in recently upzoned neighborhood, very close to light rail station, 1 block to bus stop and short walk to several lakefront parks. 5% + cap rate in Seattle at $212,500 / unit, with great future development potential. Don't miss this one!

DAYS ON MARKET 79 LAST UPDATED 8/16/2019
YEAR BUILT 1952 COMMUNITY Seattle
COUNTY King STATUS Sold
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Seattle


ADDITIONAL DETAILS
ANNUAL TAXES 5685
APN 3336000330
AREA 380 - Southeast Seattle
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 0.00, 0.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Average
CAP RATE (NOI / LP) 5.05
ELECRICAL EXPENSES 100
ENERGY SOURCE Electric
EXTERIOR Wood
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 53136
GROSS RENT MULTIPLIER 15
GROSS SCHEDULED INCOME 54780
HEATING AND COOLING Baseboard, Wall
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 800
LEASED ITEMS None
LOT DETAILS Alley, Paved Street, Sidewalk
NET OPERATING INCOME 42951
OFFERS Reviewed on receipt
OTHER EXPENSES 0
POSSESION Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional, FHA, VA
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Cable TV, Fenced-Partially, Gas Available, RV Parking
SQUARE FEET UNIT 1 900
SQUARE FEET UNIT 2 900
SQUARE FEET UNIT 3 800
SQUARE FEET UNIT 4 800
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 54 - 4-Plex
TAX YEAR 2018
TOTAL EXPENSES 10185
TOTAL MONTHLY INCOME 4565
TOTAL NUMBER OF PARKING SPACES 8
UNITS BELOW GRADE Y
VACANCY RATE 3
VIEW Territorial
WATER COMPANY City of Seattle
WATER SOURCE Public
Listing provided by RE/MAX Metro Realty, Inc., sold by Skyline Properties, Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Team Reba of RE/MAX Metro Realty and should be verified by the buyer.
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ZESTIMATE
$812492  8330 Wabash Ave S, Seattle, WA

RENT ZESTIMATE
$1650 / mo.  8330 Wabash Ave S, Seattle, WA

81 Very Walkable



 
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