3611 S Renton Ave., Seattle, WA 98144

$915,000
1,930
SqFt

Listing courtesy of Keller Williams Greater Seattl.

List Price
$915,000
Status
ACTIVE
MLS#
1993971
Price Change
▼ $14,999 1665091884
Days on Market
27
Style
53 - Tri-plex
Finished SqFt
1,930
Area Total SqFt
1930
Lot Size (sq ft)
4,594

Property Description

Attention Investors, this is the property you've been waiting for!!! Triplex located in Columbia City blocks from the Mt. Baker Link Light Rail Train Station. Each unit is 1 bed 1 bath perfect for long term or short term rentals. Shared laundry room-bring your coin operated laundry machines for additional revenue! Ample parking for each unit. New Interior & Exterior Paint with newer upgrades.

Additional Information

List Date
2022-09-09 16:15:18
Community
Columbia City
Net Operating Income
$50,629
Gross Adjusted Income
$63,000
Gross Scheduled Income
$63,000
Total Monthly Income
$63,000
Insurance Expenses
$2,211
Water/Sewer/Garbage Expenses
$2,929
Gross Rent Multiplier
6.7
Total Expenses
$12,670
Cap Rate
5
Total Number of Units
3
Unit Name
3611
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1960
Roof
Torch Down
Site Features
Cable TV, RV Parking
Heating/Cooling Type
Baseboard
Electric Expenses
520
Other Expenses
1200
Energy Source
Electric
School District
Seattle
Elementary School
John Muir
Middle School
Mercer Mid
High School
Franklin High
Total Monthly Income
$63,000
Gross Scheduled Income
$63,000
Gross Adjusted Income
$63,000
Tax Year
2022
Insurance Expense
$2,211
W/S/G Expenses
$2,929
Total Expenses
$12,670
Net Operating Income
$50,629
Gross Rent Multiplier
6.7
Cap Rate
5
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