Active
$1,350,000
Price
3,080
SqFt
3,080
SqFt

5542 S 119th Street

Seattle, Washington WA98178

2 Duplex properties on adjacent lots (must be sold together), additional parcel# is 334840-1367. 2 Bedrooms/1 Bath each unit, large lawn areas, plenty of parking. All units always rented, some long term tenants, rents are current. Quiet location, dead end street. All units have had regular maintenance included some new carpet/hot water tank/new sewer line.

About This Property

Listing ID1860534
Price$1,350,000
StatusActive
SqFt 3,080
Acres 0.449
CountyKing
SubdivisionSkyway
Year Built1942
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Skyway
Year Built 1942
Building Area Units Square Feet
Flooring Vinyl, Carpet
Furnished Unfurnished
Heating Cooling Type Forced Air
Living Area Units Square Feet
Stories Total 1
Elevation Units Feet
Exterior Features Wood
Foundation Details Block
Lot Features Dead End Street, Paved
Lot Size Square Feet 19536
Lot Size Units Square Feet
MLS Lot Size Source Realist
Number Of Units Total 4
Open Parking Spaces 8
Parking Total 8
Parking Uncovered Spaces 8
Roof Composition
Sewer Septic Tank
Structure Type Quadruplex
Style Code 54 - 4-Plex
Units Below Grade false
Units In Building Total 4
Utilities Septic System, Electricity Available
Water Sewer Garbage 7200
Water Source Public
Building Area Total 3080
Country US
High School District Seattle
MLS Area Major 380 - Southeast Seattle
Waterfront no
Zoning Class Residential
Zoning Jurisdiction City
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Residential
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Average
Site Features Fenced-Fully
Year Built Effective 1942
Cap Rate 4.6
Gross Adjusted Income 81600
Gross Rent Multiplier 116
Gross Scheduled Income 81600
Insurance Expense 2209
Leasable Area 3080
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 62773
Other Expense 500
Possession Closing
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 8918
Tax Year 2021
Total Expenses 18827
Total Monthly Income 6763

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5542 S 119th Street Seattle, WA 98178

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