540 27th Avenue, Seattle, WA 98122

$1,590,000
3,990
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$1,590,000
Status
ACTIVE
MLS#
1982852
Days on Market
248
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,990
Area Total SqFt
3990
Annual Tax Ammount
11961
Lot Size (sq ft)
4,500
Sewer
Sewer Connected

Property Description

Like new 4-Plex in Seattle's Central District with below market rents. Rebuilt in 2017 from foundation up, with new plumbing, electrical, siding, roof, vinyl windows and completely remodeled studs out interiors! Each Unit offers 2 bedrooms & 2 full baths, spacious kitchen with stainless appliances, LVP flooring and more. Storage space for each Unit in basement and a Walk Score of 84! Great opportunity for those looking for a low maintenance, turn-key 4plex. Don't miss!

Additional Information

List Date
2022-05-27 19:14:09
Community
Central Area
Net Operating Income
$72,263
Gross Adjusted Income
$93,360
Gross Scheduled Income
$93,360
Total Monthly Income
$7,780
Water/Sewer/Garbage Expenses
$6,862
Gross Rent Multiplier
19.23
Total Expenses
$21,097
Cap Rate
4.03
Total Number of Units
4
Unit Name
540
Potential Terms
Cash Out, Conventional
Year Built
1913
Roof
Composition
Heating/Cooling Type
Radiator, Wall
Electric Expenses
182
Other Expenses
2092
Energy Source
Electric
School District
Seattle
Total Monthly Income
$7,780
Gross Scheduled Income
$93,360
Gross Adjusted Income
$93,360
Tax Year
2021
W/S/G Expenses
$6,862
Total Expenses
$21,097
Net Operating Income
$72,263
Gross Rent Multiplier
19.23
Cap Rate
4.03
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