3231 41st Ave SW, Seattle, WA 98116

$900,000
2,020
SqFt

Listing courtesy of Century 21 Northwest.

List Price
$900,000
Status
ACTIVE
MLS#
1668846
Days on Market
57
Style
53 - Tri-plex
Finished SqFt
2,020
Lot Size (sq ft)
5,000

Property Description

Turn-Key Triplex in highly sought after Admiral district, West Seattle! Excellent location to Alki and the amenities is has to offer. Situated in an established residential neighborhood. Rarely vacant and long term tenants with excellent payment history and paying LOW rents-an upside for creating future rental income. 3 units; Unit 1 is a 1 bed/1 bath, Unit 2 is a 2 bed/1bath, Unit 3 is a 3 bed/1 bath. You will not find a better location for your next investment! Please do not disturb tenants.

Additional Information

List Date
2020-09-29 00:00:00
Community
Admiral
Property Type
MULT
Units
3
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1910
Total Parking
2
Uncovered Parking
2
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Fenced-Partially, Gas Available, RV Parking
Lot Details
Curbs, Paved Street, Sidewalk
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,940
Gross Scheduled Income
$47,280
Vacancy Rate
1
Gross Adjusted Income
$41,581
Annual Taxes
$6,295
Tax Year
2020
Insurance Expense
$1,096
W/S/G Expenses
$3,883
Total Expenses
$5,699
Net Operating Income
$41,581
Gross Rent Multiplier
19
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
500
Unit 1 Rent
$1,160
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
700
Unit 2 Rent
$1,040
Unit 3 Beds
3
Unit 3 Baths
1.00
Unit 3 Size
820
Unit 3 Rent
$1,740

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

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