For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email
  • Listing #:
    • 1175368
  • Price:
    • $2,400,000
  • Status:
    • Pending
  • Property Type:
    • Multi-Family
  • Type:
    • 5-Plex
  • # of Units:
    • 8
  • # of Acres:
    • 0.11
  • Lot Sq.Ft.:
    • 4,900
  • Year Built:
    • 1988
  • School Dist:
    • Seattle
  • Address:
    • 4800 Phinney Ave N
  • Community:
    • Phinney Ridge
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98103
  • Terms:
    • Cash Out
QR Code

Description
Charming 8-unit Building Located Between The Phinney Ridge And Fremont Neighborhoods. Well Designed With Great Street Appeal, This Building Offers Significant Rental Upside. Each Two-story Townhouse Style Unit Offers Washer And Dryer In Unit, One Secured Garage Parking Space, Tenant Storage Unit And A Private Patio Or Balcony. The Upper Units Have Nice Views.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $1,600.00
    • Square Feet Unit 1:
      • - 950.00
    • Bedrooms Unit 1:
      • - 2
    • Bathrooms Unit 1:
      • - 1.00
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Dishwasher Unit 1:
      • - Yes
    • Washer/dryer Unit 1:
      • - Yes
    • Description Unit 1:
      • - 1
  • Unit 2
    • Rent Unit 2:
      • - $1,200.00
    • Square Feet Unit 2:
      • - 650.00
    • Bedrooms Unit 2:
      • - 1
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Dishwasher Unit 2:
      • - Yes
    • Washer/dryer Unit 2:
      • - Yes
    • Description Unit 2:
      • - 2
  • Unit 3
    • Rent Unit 3:
      • - $1,450.00
    • Square Feet Unit 3:
      • - 650.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
    • Refrigerator Unit 3:
      • - Yes
    • Range/oven Unit 3:
      • - Yes
    • Dishwasher Unit 3:
      • - Yes
    • Washer/dryer Unit 3:
      • - Yes
    • Description Unit 3:
      • - 3
  • Unit 4
    • Rent Unit 4:
      • - $1,500.00
    • Square Feet Unit 4:
      • - 850.00
    • Bedrooms Unit 4:
      • - 2
    • Bathrooms Unit 4:
      • - 1.00
    • Refrigerator Unit 4:
      • - Yes
    • Range/oven Unit 4:
      • - Yes
    • Dishwasher Unit 4:
      • - Yes
    • Washer/dryer Unit 4:
      • - Yes
    • Description Unit 4:
      • - 4
  • Unit 5
    • Rent Unit 5:
      • - $1,975.00
    • Square Feet Unit 5:
      • - 905.00
    • Bedrooms Unit 5:
      • - 2
    • Bathrooms Unit 5:
      • - 1.00
    • Refrigerator Unit 5:
      • - Yes
    • Range/oven Unit 5:
      • - Yes
    • Dishwasher Unit 5:
      • - Yes
    • Washer/dryer Unit 5:
      • - Yes
    • Description Unit 5:
      • - 5
  • Unit 6
    • Rent Unit 6:
      • - $1,500.00
    • Square Feet Unit 6:
      • - 800.00
    • Bedrooms Unit 6:
      • - 2
    • Bathrooms Unit 6:
      • - 1.00
    • Refrigerator Unit 6:
      • - Yes
    • Range/oven Unit 6:
      • - Yes
    • Dishwasher Unit 6:
      • - Yes
    • Washer/dryer Unit 6:
      • - Yes
    • Description Unit 6:
      • - 6
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - No
    • Amenities:
      • - Storage
    • Floor Covering:
      • - Laminate Hardwood
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Baseboard
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $16,483.00
    • Tax Year:
      • - 2017
  • Finance Details
    • Gross Rent Multiplier:
      • - 15
    • Vacancy Rate:
      • - 2
    • Cap Rate - Noi Div Lp:
      • - 4.36
  • Income
    • Gross Adjusted Income:
      • - $149,352.00
    • Gross Scheduled Income:
      • - $152,400.00
    • Net Operating Income:
      • - $104,617.00
    • Total Monthly Income:
      • - $12,700.00
  • Expenses
    • Insurance Expenses:
      • - $3,263.00
    • Water / Sewer / Garbage:
      • - $10,615.00
    • Other Expenses:
      • - $14,374.00
    • Total Expenses:
      • - $44,735.00
    • Total Expenses:
      • - $44,735.00
  • Construction Details
    • Exterior:
      • - Wood
      • - Wood Products
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Composition
  • Parking
    • Total # Of Parking:
      • - 8
    • # Of Garage Spaces:
      • - 8
  • Utilities
    • Energy Source:
      • - Electric
  • Zoning
    • General Zoning Classification:
      • - Multi-family
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For more information on this listing, please contact...
Horizon Real Estate
206-650-3406
Email

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