3631 22nd Avenue SW
Seattle,
WA $798,000
Charming triplex in Pigeon Point! Located on a dead end street w/peek views of the city & Elliott Bay-right on the bike path out of West Seattle. All units have had nice cosmetic updates with stylish vinyl floors, quartz counters, fresh paint and lots of natural light. This property is ideal for owner occupant or investor wanting a turn key rental with solid rental history (both STR and long term tenants). Craftsman millwork, open floor plans & each unit has its own deck or patio. Close to great coffee, beer, live music (coming back soon!), and the Alki waterfront trail.
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Listing ID1750645
Sold For$798,000
StatusClosed
Sold Date5/21/2021
SqFt
2,220
Acres
0.080
CountyKing
SubdivisionPigeon Point
Year Built1906
Property TypeResidential Income
Property Sub TypeMulti-Family
County
King
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
Pigeon Point
Year Built
1906
Building Area Units
Square Feet
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Furnished
Unfurnished
Heating Cooling Type
Forced Air
Interior Features
Ceramic Tile
Living Area Units
Square Feet
Stories Total
3
Elevation Units
Feet
Exterior Features
Brick, Wood
Foundation Details
Poured Concrete
Lot Features
Curbs, Dead End Street, Paved, Sidewalk
Lot Size Square Feet
3500
Lot Size Units
Square Feet
MLS Lot Size Source
Realist
Number Of Units Total
3
Open Parking Spaces
1
Parking Total
1
Parking Uncovered Spaces
1
Roof
Composition
Sewer
Sewer Connected
Sewer Company
City of Seattle
Structure Type
Triplex
Style Code
53 - Tri-plex
Units Below Grade
true
Units In Building Total
3
Utilities
Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected
Water Company
City of Seattle
Water Sewer Garbage
1409
Water Source
Public
Building Area Total
2220
Country
US
Elementary School
Lafayette
High School
West Seattle High
High School District
Seattle
Middle Or Junior School
Madison Mid
MLS Area Major
140 - West Seattle
View
City, Partial, Sound
Waterfront
no
First Right Of Refusal
no
Mls Status
Sold
Offers
Seller intends to review offers upon receipt
Power Company
City Light
Power Production Type
Electric, Natural Gas
Preliminary Title Ordered
yes
Show Map Link
yes
Site Features
Cable TV, Deck, High Speed Internet, Patio
Buyer Financing
Conventional
Cap Rate
6.4
Electric Expense
492
Fuel Expense
329
Gross Adjusted Income
58518
Gross Rent Multiplier
13
Gross Scheduled Income
61598
Insurance Expense
1574
Leasable Area
2220
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
50884
Other Expense
2253
Possession
Closing, Tenant's Rights
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
5408
Tax Year
2020
Total Expenses
7634
Total Monthly Income
5134
Vacancy Rate
5
Schedule a Showing - Listing ID 1750645
Schedule a Showing
Schedule a Showing - Listing ID 1750645
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