9015 9th Ave SW, Seattle,, WA
Multi-family for Sale - $380,000 - 2,688 Sq. Ft. on 0.11 acres
Property Info
| CIMLS# | 95885 |
| Location 9015 9th Ave SW Seattle, WA 98106 | |
| Updated | February 2nd, 2010 |
| Type | Multi-family |
| Price | $380,000 |
| Building | 2,688 Sq. Ft. |
| Land | 0.11 acres |
Property Description
Please copy and paste the following links to your browser for: Video tour: http://secure.smilebox.com/ecom/openTheBox?sendevent=4f4449304f4445344 d6e77304d5463794e4467770d0a&sb=1
5-Year Holding Analysis: http://cba.epropertydata.com/photos/pdf/fs/451697_1.pdf
Two units recently remodeled and the effective year built is actually 1984.
This four plex offers two units with 2 bedroom, 1 bath, and two units with 1 bedroom, 1 bath. The complex is currently fully rented.
Walk to the community park and you're minutes to the vibrant Westwood Village. Any you'll love the easy access to major commutes and downtown Seattle.
A one-year of "2-10 Home Buyer Warranty" is included!
Financials
Operating Statement:
Gross Scheduled Income $32,160.00
- Vacancy Loss $1,608.00
= Gross Effective Income $30,552.00
+ Other Income $1,800.00
= Gross Operating Income $32,352.00
- Total Operating Expenses $8,144.00
= Net Operating Income (NOI) $24,208.00
Financial Statistics:
Vacancy % (Initial) 5.0
Monthly Income Per Unit $670.00
Monthly Income Per Sq Ft $1.08
Annual Expenses Per Unit $2,036.00
Annual Expenses per Sq Ft $3.29
Gross Rent Multiplier 12.43
Cap Rate 6.05 %