12233 10th Ave S

    Seattle, WA 98168
    • $598,000
    • STATUS: Pending
    • ON SITE: 36 days
    • ID#: 1511785
    Under Contract
    UPDATED: 60 min ago
    $598,000
    • 0
      BEDS
    • 0.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,360
      SQFT
    • $137
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of John L. Scott, Inc..

    Description

    Excellent opportunity to own legal/grandfathered triplex-annexed to city of Burien. 29,600 ft2 lot-zoned RS 7.2 has 3 separate buildings consisting of a 5 br/2 ba Main House, 2 br/1ba Upper Garage Unit w/shop below and a 2 story 1 br/1ba Cottage. Each newly connected to sewer. Tenants pay electrical/garbage. All long term tenants 10yrs+ -m-2-m. Current cap rate 6.7 - Increase your return w/light reno or develop property? Buyer to cooperate w/1031 exchange. Do NOT Disturb Tenants/walk property

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    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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-14T14:17:00.31.

    www.costelloteam.com/homes/98756782

    12233 10th Ave S Seattle, WA 98168

    • Price: $598,000
    • Status: Pending
    • Updated: 60 min ago
    • ID#: 1511785
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.68
    Acres
    4,360
    SQFT
    $137
    $/SQFT
    1935
    Built
    Neighborhood:
    Boulevard Park
    County:
    King
    Area:
    Burien/Normandy Park
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Highline
    Property Description
    Excellent opportunity to own legal/grandfathered triplex-annexed to city of Burien. 29,600 ft2 lot-zoned RS 7.2 has 3 separate buildings consisting of a 5 br/2 ba Main House, 2 br/1ba Upper Garage Unit w/shop below and a 2 story 1 br/1ba Cottage. Each newly connected to sewer. Tenants pay electrical/garbage. All long term tenants 10yrs+ -m-2-m. Current cap rate 6.7 - Increase your return w/light reno or develop property? Buyer to cooperate w/1031 exchange. Do NOT Disturb Tenants/walk property
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Cement/ConcreteMetal/VinylWood Foundation Poured Concrete Garage Spaces 0 Lot Details Open SpacePaved Street Lot Dimensions 100 X 295 Roof CompositionFlatTorch Down Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 10 Uncovered Spaces 10

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 540 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 760 Unit2 Washer Dryer N Unit3 Bathrooms 2.00 Unit3 Bedrooms 5 Unit3 Dishwasher N Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 2040 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 N

    Property Features

    Amenities Basement Bank Owned No Cap Rate 6.70 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Residential Gross Adjusted Income 54840 Gross Rent Multiplier 11 Gross Scheduled Income 54840 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 897 Leased Items None Lot Number 19-20 Net Operating Income 40978 New Construction YN No Other Expenses 1858 Possession ClosingSub. Tenant's Rights Power Company Seattle City Light Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Valley View Site Features Gas AvailableShop Tax Amount 6607 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 13862 Total Expenses TEX 13862 Total Monthly Income 4570 Unit1 Monthly Rent 595 Unit2 Monthly Rent 775 Unit3 Monthly Rent 2700 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Kc Water Dist #20 Water Sewer Garbage 4500 Water Source Community Zoning Jurisdiction See Remarks

    Listing information © 2019 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 Costello Team | Windermere Real Estate 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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-14T14:17:00.31.

     
    Costello Team | Windermere Real Estate
    100 116th Ave SE
    Bellevue WA, 98004
    Listing Courtesy of John L. Scott, Inc..