1400 N 46th Street, Seattle, WA 98103
- $2,650,000
- 3,600
- SqFt
Listing courtesy of My Seattle Realty, Inc.
- List Price
- $2,650,000
- Status
- ACTIVE
- MLS#
- 2228162
- Days on Market
- 39
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,600
- Area Total SqFt
- 3600
- Annual Tax Ammount
- 15636
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Well maintained 6 plex near Greenlake. Charming corner lot building located just off Stone Way on the corner of Interlake Ave and N 46th. Located within blocks of the building are renowned coffee shops, retail, and restaurants, and it is within close proximity to the Woodland Park Zoo, Greenlake, and just under a mile from Lake Union and a biker’s paradise, the Burke Gilman Trail. Mixture of studio, 1 bedroom and 2 bedroom units. Parking lot with two tandem carport stalls. All units have seen upgrades. Vinyl plank flooring, new carpets, new finishes. Most have a deck or patio. Potential for rent increases!
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Additional Information
- List Date
- 2024-03-30 20:27:09
- Community
- Wallingford
- Net Operating Income
- $123,027
- Gross Adjusted Income
- $151,283
- Gross Scheduled Income
- $151,283
- Total Monthly Income
- $12,606
- Insurance Expenses
- $4,159
- Water/Sewer/Garbage Expenses
- $7,525
- Gross Rent Multiplier
- 17.5
- Total Expenses
- $28,220
- Cap Rate
- 4.6
- Total Number of Units
- 6
- Unit Name
- 1400
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1961
- View
- Territorial
- Roof
- Flat
- Site Features
- Deck, Patio
- Electric Expenses
- 600
- Other Expenses
- 300
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $12,606
- Gross Scheduled Income
- $151,283
- Gross Adjusted Income
- $151,283
- Tax Year
- 2023
- Insurance Expense
- $4,159
- W/S/G Expenses
- $7,525
- Total Expenses
- $28,220
- Net Operating Income
- $123,027
- Gross Rent Multiplier
- 17.5
- Cap Rate
- 4.6
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