12233 10th Ave S $598,000

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    12233 10th Ave S Seattle, WA 98168

    • 0 Beds
    • 0 Baths
    • 4,360 sq.ft.
    • Multi-Family
    Listing# 1511785 | Pending
    Days On Market: 38 6 Views
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    Property Details

    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

    • General Features
      • County King
      • Style 53-Tri-plex
      • Number of Stories 2
      • Number of Units 3
      • Year Built 1935
      • Lot Dimensions 100 X 295
      • Lot Details Open Space, Paved Street
      • Lot Square Footage 29,600
      • Site Features Gas Available, Shop
      • County King
    • Building Features
      • Approx SqFt 4,360
      • Roof Compostion, Flat, Torch Down
      • Exterior Cement/Concrete, Metal/Vinyl, Wood
      • Amenities Basement
      • Floor Covering Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $4,570
      • Net Operating Income $40,978
      • Gross Scheduled Income $54,840
      • Gross Adjusted Income $54,840
      • Total Expenses $13,862
      • Other Expenses $1,858
      • Insurance Expenses $897
      • Expenses $13,862
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 11
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $6,607
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Baseboard
      • Water Company KC Water Dist #20
      • Sewer Company Sewer Connected
    • Schools
      • School District Highline
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98168 (Seattle) Demographics

    37Median Age
    3,666Population Density (per sq. mile)
    27%College Educated
    $50,680 Estimated Median Income
    5,856Estimated Total Home Owners
    5,616Estimated Total Renters
    51% / 49%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,605Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $430,000 Median Sales Price
    27 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $598,000
        9/13/2019 10:31:16 PM Status Changed Source New Value: Pending
        9/7/2019 2:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.