907 NW 52nd Street, Seattle, WA 98107

$1,380,000
2,620
SqFt

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Listing courtesy of Raven Commercial Real Estate. Selling Office: Real Property Associates.

Sold Price
$1,380,000
List Price
$1,395,000
Status
SOLD
MLS#
2153279
Closing Date
Mar 29, 2024
Days on Market
213
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,620
Area Total SqFt
2620
Annual Tax Ammount
10476
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

This Ballard Triplex is located 1/2 block from Gilman park, local craft breweries, metro and shopping. Always easy to rent, low vacancy and most tenants stay for multiple terms. All units have washer/dryer, laminate flooring, gas fireplaces. Two units have remodeled kitchens. The two large garages generate additional rental income.

Additional Information

List Date
2023-08-29 00:00:00
Community
Ballard
Net Operating Income
$75,551
Gross Adjusted Income
$94,133
Gross Scheduled Income
$97,044
Total Monthly Income
$8,087
Insurance Expenses
$1,296
Water/Sewer/Garbage Expenses
$4,560
Gross Rent Multiplier
14.37
Total Expenses
$18,582
Cap Rate
5.42
Vacancy Rate
3
Total Number of Units
3
Unit Name
907
Potential Terms
Cash Out
Year Built
1975
Roof
Composition
Other Expenses
2250
Energy Source
Electric
School District
Seattle
Total Monthly Income
$8,087
Gross Scheduled Income
$97,044
Vacancy Rate
3
Gross Adjusted Income
$94,133
Tax Year
2023
Insurance Expense
$1,296
W/S/G Expenses
$4,560
Total Expenses
$18,582
Net Operating Income
$75,551
Gross Rent Multiplier
14.37
Cap Rate
5.42
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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