8343 Wabash Ave S

    Seattle, WA 98118
    • $900,000
    • STATUS: Pending
    • ON SITE: 64 days
    • ID#: 1332755
    Under Contract
    UPDATED: 56 min ago
    $900,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,960
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott - Kms Renton.

    Description

    Value Add Triplex / Large 12,420 sq ft LR3 lot, Tons of possibilities here. Huge 3960 sq ft triplex and 3 car detached garage/workshop on the property. Possibly tear down the whole thing and build multi family or townhomes, or keep the triplex and build additional units in the back, alley access. decade long+ tenants are all on month to month leases, so plenty of opportunity to increase rents. Walking Distance to Pritchard Beach. Conveniently located close to schools, busses, and the lake.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-26T00:18:14.943.

    www.homesonthesound.com/homes/85872056

    8343 Wabash Ave S Seattle, WA 98118

    • Price: $900,000
    • Status: Pending
    • Updated: 56 min ago
    • ID#: 1332755
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    3,960
    SQFT
    $227
    $/SQFT
    1958
    Built
    Neighborhood:
    Seattle
    County:
    King
    Area:
    Central Seattle/Genesee/Columbia Cty
    School District:
    Seattle
    Property Description
    Value Add Triplex / Large 12,420 sq ft LR3 lot, Tons of possibilities here. Huge 3960 sq ft triplex and 3 car detached garage/workshop on the property. Possibly tear down the whole thing and build multi family or townhomes, or keep the triplex and build additional units in the back, alley access. decade long+ tenants are all on month to month leases, so plenty of opportunity to increase rents. Walking Distance to Pritchard Beach. Conveniently located close to schools, busses, and the lake.
    Exterior Features

    Carport Spaces 0 Exterior BrickWood Foundation Poured Concrete Garage Spaces 3 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 3 Uncovered Spaces 0

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade Y

    Property Features

    Bank Owned No Cap Rate 3.20 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 43200 Gross Rent Multiplier 20 Gross Scheduled Income 43200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1302 Leased Items None Net Operating Income 28851 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Fenced-Fully Tax Amount 8247 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 14349 Total Expenses TEX 14349 Total Monthly Income 3600 Unit1 Monthly Rent 1500 Unit2 Monthly Rent 1000 Unit3 Monthly Rent 1100 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 4800 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-26T00:18:14.943.

     
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    Listing Courtesy of John L. Scott - Kms Renton.