Active
$8,900,000
Price
30,891
SqFt
30,891
SqFt

4803 S Henderson Street

Seattle, Washington WA98118

Maximize Your Real Estate Investment with this well maintained 39 units. 33 units are a 1 bedroom 1 bath and 6 units are 2 bedroom 1 bath. Close to bus, rail and shopping and with walking distance to Elementary, Middle and High School, bank and few block from Lake washing. Rent are under Market, mostly long term tenants. Great for 1031 Exchange.

About This Property

Listing ID2018219
Price$8,900,000
StatusActive
SqFt 30,891
Acres 0.758
CountyKing
SubdivisionRainier Beach
Year Built1962
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Rainier Beach
Year Built 1962
Building Area Units Square Feet
Flooring Carpet
Furnished Unfurnished
Heating Cooling Type Baseboard
Interior Features Wall to Wall Carpet
Living Area Units Square Feet
Stories Total 3
Elevation Units Feet
Exterior Features Cement/Concrete
Foundation Details Poured Concrete
Lot Features Alley
Lot Number 22
Lot Size Square Feet 33000
Lot Size Units Square Feet
MLS Lot Size Source King County
Number Of Units Total 41
Parking Total 40
Roof Flat
Sewer Sewer Connected
Sewer Company Seattle
Structure Type Multi Family
Style Code 56 - 10+ Units
Units Below Grade false
Units In Building Total 39
Utilities Sewer Connected, Electricity Available
Water Company Seattle
Water Sewer Garbage 4300
Building Area Total 30891
Building Name Dunlaps plat on lake Washington
Country US
Elementary School Dunlap
High School Rainier Beach High
High School District Seattle
Middle Or Junior School South Shore PK-8
MLS Area Major 380 - Southeast Seattle
Waterfront no
Zoning Class Commercial
Amenities Coin Op Laundry
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Commercial
Power Company Seatle Light
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Good
Year Built Effective 1995
Cap Rate 4.5
Electric Expense 4272
Gross Adjusted Income 408681
Gross Rent Multiplier 16
Gross Scheduled Income 562320
Insurance Expense 12000
Leasable Area 30891
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 408681
Other Expense 1550
Possession Negotiable
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 70588
Tax Year 2022
Total Expenses 92710
Total Monthly Income 562320
Vacancy Rate 5

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4803 S Henderson Street Seattle, WA 98118

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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Friday, December 2nd, 2022 11:42:44 AM.
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