542 S Cloverdale St $699,950

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    542 S Cloverdale St West Seattle, WA 98108

    • 0 Beds
    • 0 Baths
    • 2,787 sq.ft.
    • Multi-Family
    Listing# 1506152
    SOLD 10/30/2019

    $699,950

    Days On Market: 41 10 Views
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    Property Details

    Amazing opportunity knocks! Welcome to this low-maintenance 4-plex with 6.27% cap rate! This building has units ranging from studios to 3 bedroom apartments with updated kitchens double paned windows, a coin-operated W/D utility room, easy landscaping, and is very easy to rent! Convenient access to downtown Seattle, south of town, bus lines and more. Plenty of parking with 8 spaces. Purchase, relax, and let your money work for you!

    • General Features
      • County King
      • Zoning Code Multi-Family
      • County King
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 4,500
      • Number of Stories 4
      • Number of Units 4
      • Site Features Deck, Fenced-Partially, Patio
      • Style 54-4-Plex
      • View Territorial
      • Year Built 1990
    • Building Features
      • Roof Compostion
      • Exterior Metal/Vinyl
      • Amenities Coin Op Laundry, Thermal Windows
      • Approx SqFt 2,787
      • Floor Covering Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $4,970
      • Net Operating Income $43,924
      • Gross Scheduled Income $59,640
      • Gross Adjusted Income $59,640
      • Total Expenses $15,716
      • Other Expenses $1,400
      • Insurance Expenses $1,788
      • Expenses $15,716
      • Heating Expenses $0
      • Electrical Expenses $1,500
      • Gross Rent Multiplier 11
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $5,028
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98108 (West Seattle) Demographics

    35Median Age
    3,252Population Density (per sq. mile)
    39%College Educated
    $53,411 Estimated Median Income
    4,665Estimated Total Home Owners
    3,671Estimated Total Renters
    56% / 44%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    24,351Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $671,000 Median Sales Price
    16 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        10/30/2019 12:00:00 AM Sold Source New Value: $699,950
        9/30/2019 9:21:20 AM Status Changed Source New Value: Pending

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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.