718 N 85th St, Seattle, WA 98103

$1,225,000
3,240
SqFt

Listing courtesy of Coldwell Banker Bain.

List Price
$1,225,000
Status
PENDING FEASABILITY
MLS#
1157290
Price Change
▼ $75,000 1508188079
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.

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

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