5 unit investment property, 6.8% CAP rate Located between Trader Joes and Alabama hill off (not on) Alabama street. Very stable and reliable situation. Solid and well maintained house. Figures: gross yearly income: $72456 all yearly operating expenses: (repairs, insurance, utilities, taxes and fees): $11663 net yearly income: $60843 cap rate @ 900k = 6.8% Other information: All units but one are in excellent shape and need no repairs or upgrades.
|--||New Value: $920,000|
|1/14/2020 2:42:00 PM|
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, 2020. 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.