2408 2410 SW Brandon Street, Seattle, WA 98106
- $1,145,000
- 2,400
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $1,145,000
- Status
- ACTIVE
- MLS#
- 2295518
- Days on Market
- 25
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,400
- Area Total SqFt
- 2400
- Annual Tax Ammount
- 6874.26
- Lot Size (sq ft)
- 8,149
- Sewer
- Sewer Connected
Property Description
Explore this unique opportunity at 408-2410 SW Brandon St in the heart of West Seattle where a 4-unit property, featuring expensive spaces with 2-bedroom, 1-bath and studio units awaits its next savvy investor. Each unit features off-street parking and in-unit washer and dryers, which are both examples of highly sought after tenant amenities property that current ownership has prioritized while exceptionally maintaining the property. Recent renovations include stainless steel appliances, updated floors, cabinets, kitchens, and bathrooms. Set on an 8,149 square foot lot with NC2P-55 (M) zoning, the property also offers opportunities for future redevelopment and realizing the appreciation of high-density land value.
Additional Information
- List Date
- 2024-09-26 23:47:09
- Community
- Delridge
- Net Operating Income
- $55,283
- Gross Adjusted Income
- $77,406
- Gross Scheduled Income
- $81,480
- Total Monthly Income
- $6,790
- Insurance Expenses
- $911
- Water/Sewer/Garbage Expenses
- $2,787
- Gross Rent Multiplier
- 14.05
- Total Expenses
- $22,123
- Cap Rate
- 4.83
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 2408 2410
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1953
- Roof
- Composition
- Site Features
- Fenced-Partially
- Electric Expenses
- 1447
- Other Expenses
- 10102
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $6,790
- Gross Scheduled Income
- $81,480
- Vacancy Rate
- 5
- Gross Adjusted Income
- $77,406
- Tax Year
- 2024
- Insurance Expense
- $911
- W/S/G Expenses
- $2,787
- Total Expenses
- $22,123
- Net Operating Income
- $55,283
- Gross Rent Multiplier
- 14.05
- Cap Rate
- 4.83
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.