1531 NW 90th Street, Seattle, WA 98117

$1,400,000
3,180
SqFt

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Listing courtesy of Redfin. Selling Office: Pointe3 Real Estate.

Sold Price
$1,400,000
List Price
$1,400,000
Status
SOLD
MLS#
2316330
Closing Date
Dec 12, 2024
Days on Market
0
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
3,180
Area Total SqFt
3180
Annual Tax Ammount
11475
Lot Size (sq ft)
7,800
Sewer
Sewer Connected

Property Description

Impeccably maintained Tri-plex in the heart of Ballard's Olympic Manor near Soundview park. Front main level unit has refinished oak floors & sunlit bay windows, 2 beds, 2 baths + a den. Updated kitchen & bath w/ stone counters & SS apps. 2nd unit on main:1 bed & 1 bath, oak floors, open concept living rm w/ fp, dining area, & updated kitchen w/ natural light + large a roof deck. Lower lvl unit: 1 bed & 1 bath w/ flex area for dining or office, open kitchen & living rm w/ fp + mudroom that opens to the backyard w/ patio & sheds. Each unit has parking & separate laundry. Rent out 2nd garage or keep it for personal use. Recent Upgrades: 50 Year Roof, plumbing, electrical panels, driveway, new garage doors, exterior paint and more!

Additional Information

List Date
2024-12-12 00:00:00
Community
Ballard
Net Operating Income
$63,871
Gross Adjusted Income
$82,200
Gross Scheduled Income
$82,200
Total Monthly Income
$6,850
Insurance Expenses
$1,845
Water/Sewer/Garbage Expenses
$5,009
Gross Rent Multiplier
18.86
Total Expenses
$18,329
Cap Rate
4.12
Total Number of Units
3
Unit Name
1531
Year Built
1957
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Rooftop Deck
Energy Source
Electric, Natural Gas, Wood
School District
Seattle
Elementary School
North Beach
Middle School
Whitman Mid
High School
Ballard High
Total Monthly Income
$6,850
Gross Scheduled Income
$82,200
Gross Adjusted Income
$82,200
Tax Year
2023
Insurance Expense
$1,845
W/S/G Expenses
$5,009
Total Expenses
$18,329
Net Operating Income
$63,871
Gross Rent Multiplier
18.86
Cap Rate
4.12
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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