3033 SW Spokane Street, Seattle, WA 98126

$900,000

Listing courtesy of Terry Wise & Associates.

List Price
$900,000
Status
ACTIVE
MLS#
2252624
Price Change
▼ $99,995 1721434544
Days on Market
37
Style
53 - Tri-plex
Annual Tax Ammount
407
Lot Size (sq ft)
4,000
Sewer
Sewer Connected

Property Description

Come and see this one of a kind property in walkable West Seattle. One parcel with two buildings and two electric meters, and three separate units. Upper home is a one bedroom one bath, with mostly finished basement containing a laundry room and additional bath. Lower home is three stories. Walkout basement unit is a studio apartment with laundry, and is closest to buses. Upper unit has 2 small bedrooms and 1/2 bath upstairs. Full bath on main floor is spacious and includes a stack laundry unit. House hack, Airbnb options, or condo conversion are all opportunities! Short walk or bike ride to the Downtown/ West Seattle Water Taxi and Alki Beach and all of its attractions. Even shorter distance to Luna Park Cafe and bus lines.

Additional Information

List Date
2024-08-01 12:49:09
Community
North Admiral
Net Operating Income
$6,500
Gross Adjusted Income
$6,500
Gross Scheduled Income
$6,500
Total Monthly Income
$6,500
Insurance Expenses
$100
Water/Sewer/Garbage Expenses
$150
Gross Rent Multiplier
6.5
Total Expenses
$657
Cap Rate
6.5
Total Number of Units
3
Unit Name
3033
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1912
Roof
Composition
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,500
Gross Scheduled Income
$6,500
Gross Adjusted Income
$6,500
Tax Year
2024
Insurance Expense
$100
W/S/G Expenses
$150
Total Expenses
$657
Net Operating Income
$6,500
Gross Rent Multiplier
6.5
Cap Rate
6.5
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