Sold For

6202 Carleton Avenue S

Seattle, Washington WA98109

: 6-unit turn key apartment in Georgetown. Jackson went through a full studs out renovation with new interiors, systems, roof and windows. This is a legacy asset with true pride of ownership on a corner lot with parking in Georgetown. Financials are PROFORMA.

About This Property

Listing ID2046435
Sold For$1,600,000
Sold Date6/12/2023
SqFt 3,900
Acres 0.203
Year Built1930
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Georgetown
Year Built 1930
Building Area Units Square Feet
Flooring Hardwood, Vinyl
Furnished Unfurnished
Interior Features Hardwood
Living Area Units Square Feet
Stories Total 2
Elevation Units Feet
Exterior Features Brick
Foundation Details Poured Concrete
Lot Size Dimensions 8848
Lot Size Square Feet 8848
Lot Size Units Square Feet
MLS Lot Size Source KCPV
Number Of Units Total 6
Parking Total 9
Roof Flat
Sewer Sewer Connected
Sewer Company SPU
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Units In Building Total 6
Water Company SPU
Water Sewer Garbage 3620
Building Area Total 3900
Country US
High School District Seattle
MLS Area Major 380 - Southeast Seattle
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
Amenities Basement
Effective Year Built Source Public Records
First Right Of Refusal no
Mls Status Sold
Offers Seller intends to review offers upon receipt
Possible Use Multi-Family
Power Company PSE
Power Production Type Electric
Preliminary Title Ordered yes
Property Condition Very Good
Year Built Effective 2017
Buyer Financing Cash
Cap Rate 5
Electric Expense 3621
Fuel Expense 3621
Gross Adjusted Income 128370
Gross Rent Multiplier 20
Gross Scheduled Income 123300
Insurance Expense 2400
Leasable Area 3900
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 84518
Other Expense 17986
Possession Closing
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 12604
Tax Year 2023
Total Expenses 43852
Total Monthly Income 10278
Vacancy Rate 4

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6202 Carleton Avenue S Seattle, WA 98109

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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. © 2023 NWMLS. All rights reserved. Data last updated: Thursday, September 21st, 2023 12:04:45 PM.
Closed Listing courtesy of Kidder Mathews
Closed Listing courtesy of Kidder Mathews
Data services provided by IDX Broker