5218 8th Avenue NW, Seattle, WA 98107

$1,500,000
3,500
SqFt

Listing courtesy of Realty One Group Orca.

List Price
$1,500,000
Status
PENDING
MLS#
1835179
Days on Market
142
Style
53 - Tri-plex
Finished SqFt
3,500
Area Total SqFt
3500
Lot Size (sq ft)
4,300

Property Description

The 5218 Triplex consists of a Single Family House and a Duplex on a corner lot ideally located in the heart of Ballard in one of Seattle's most desirable residential neighborhoods. Financials are actual. The tenants are on 12-month leases w/Min credit score 700+, no pets, no smokers. WSG included (within limits). The tenant pays metered electricity to the landlord. Meter & copies of bills available. Basement and separate unit already rented. This is a beautiful home that boasts original hardwood flooring - the pictures just don't do it justice. A short walk/bike/bus to shopping, local pubs & microbreweries, restaurants, theaters, city parks, Swedish hospital, and more!

Additional Information

List Date
2021-08-27 20:19:09
Community
Ballard
Potential Terms
Cash Out, Conventional
Year Built
1903
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet
Heating/Cooling Type
Forced Air, Wall
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$6,335
Gross Scheduled Income
$76,020
Gross Adjusted Income
$76,020
Tax Year
2021
Insurance Expense
$1,550
W/S/G Expenses
$3,919
Total Expenses
$13,961
Net Operating Income
$62,059
Gross Rent Multiplier
19
Cap Rate
4
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