Bought with Windermere R.E. Shoreline
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Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,276 sqft
Price per Sqft $270
Subdivision Shoreline
MLS Listing ID 1491179
Sold Date 12/03/19
Style 54 - 4-Plex
Year Built 1970
Annual Tax Amount $10,106
Lot Size 6,800 Sqft
Property Description
Nice well maintained building with 4 clean 2-bedroom 1-bath units (each approximately 820 sq.ft). Prime location near shopping, restaurants and transportation. Easy to manage and rent. Upper units have small decks. Convenient coin operated laundry room. Plenty of off-street parking for tenants. The current 4.6% cap rate has room to grow because rents are well below market. Please do not enter property or bother tenants.
Location
State WA
County King
Area _715Richmondbeachs
Interior
Interior Features Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Amenities Available Deck, Fenced-Partially, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Shoreline
Others
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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John Dirgo Deweese
Designated Broker | License ID: 25033
Designated Broker License ID: 25033