4803 S Henderson Street, Seattle, WA 98118

$8,900,000
30,891
SqFt
List Price
$8,900,000
Status
ACTIVE
MLS#
2018219
Days on Market
9
Style
56 - 10+ Units
Building Condition
Good
Finished SqFt
30,891
Lot Size (sq ft)
33,000

Property Description

Maximize Your Real Estate Investment with this well maintained 39 units. 33 units are a 1 bedroom 1 bath and 6 units are 2 bedroom 1 bath. Close to bus, rail and shopping and with walking distance to Elementary, Middle and High School, bank and few block from Lake washing. Rent are under Market, mostly long term tenants. Great for 1031 Exchange.

Additional Information

List Date
2022-11-20 02:30:09
Community
Rainier Beach
Potential Terms
Cash Out
Year Built
1962
Roof
Flat
School District
Seattle
Elementary School
Dunlap
Middle School
South Shore PK-8
High School
Rainier Beach High
Total Monthly Income
$562,320
Gross Scheduled Income
$562,320
Vacancy Rate
5
Gross Adjusted Income
$408,681
Tax Year
2022
Insurance Expense
$12,000
W/S/G Expenses
$4,300
Total Expenses
$92,710
Net Operating Income
$408,681
Gross Rent Multiplier
16
Cap Rate
4.5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NWMLS / Best Choice Realty LLC

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