2630 58th Ave SW, Seattle, WA 98116

$1,100,000
2,382
SqFt

Listing courtesy of Pacific Rim Investments.

List Price
$1,100,000
Status
ACTIVE
MLS#
1639524
Days on Market
3
Style
54 - 4-Plex
Finished SqFt
2,382
Lot Size (sq ft)
3,510

Property Description

Great Alki rental property, this four unit building is located just a Half block from Alki beach, tennis courts. parks, and restaurants. The upper front unit has vaulted ceilings, gas fireplace and den that could be turned back into a two bedroom unit. Also great potential as an Owner unit with three rentals, or take the entire upper floor as large owners unit. Back yard is a brick court yard with fire place.

Additional Information

List Date
2020-08-01 00:00:00
Community
Alki
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1940
Total Parking
2
Uncovered Parking
2
Exterior
Wood
Roof
Composition
Lot Details
Curbs
School District
Seattle
Total Monthly Income
$5,915
Gross Scheduled Income
$71,000
Gross Adjusted Income
$71,000
Annual Taxes
$8,962
Tax Year
2020
Insurance Expense
$712
W/S/G Expenses
$5,100
Total Expenses
$15,074
Net Operating Income
$55,926
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
650
Unit 1 Rent
$1,700
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
550
Unit 2 Rent
$1,375
Unit 3 Beds
1
Unit 3 Baths
1.50
Unit 3 Size
500
Unit 3 Rent
$1,350
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
500
Unit 4 Rent
$1,450
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