1165 N 90th St, Seattle, WA 98103

$1,125,000
3,320
SqFt

Listing courtesy of Keller Williams Downtown Sea.

List Price
$1,125,000
Status
ACTIVE
MLS#
1488618
Days on Market
5
Style
53 - Tri-plex
Finished SqFt
3,320
Lot Size (sq ft)
5,125

Property Description

Prime investment opportunity in Greenlake neighborhood surrounded by new construction & development. Featuring recent major improvements including new roof, gutters, windows, water heaters, fencing & paint. No deferred maintenance inside & out make for a low maintenance investment! Fully occupied w/ stable tenants, coin-op laundry. Lots of parking(& opportunity to rent extra spots). Units have access to yard. Proximity to bus lines, highly rated school & Greenlake make an ideal buy & hold.

Additional Information

List Date
2019-07-11 00:00:00
Community
Green Lake
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1968
Total Parking
9
Uncovered Parking
6
View
Territorial
Exterior
Wood, Wood Products
Roof
Composition
Lot Details
Corner Lot
School District
Seattle
Total Monthly Income
$5,770
Gross Scheduled Income
$68,640
Vacancy Rate
2
Gross Adjusted Income
$67,867
Annual Taxes
$6,322
Tax Year
2018
Insurance Expense
$1,100
W/S/G Expenses
$3,300
Total Expenses
$10,998
Net Operating Income
$56,869
Gross Rent Multiplier
16
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1100
Unit 1 Rent
$2,100
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1100
Unit 2 Rent
$1,770
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
1100
Unit 3 Rent
$1,850
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