For more information on this property, contact Chris Kallin at 2069996920 or chris@seattlebydesign.com

11806 Glendale Way S
Seattle, Washington WA 98168
Sold For: $765,000
Listing ID 1798594
Status Closed
SqFt 2,235
Acres 0.138
Year Built 1932

Property Description:

Amazing renovated, legal triplex in the growing Boulevard Park area! Perfect for owner occupant or investor. Three 2-bedroom units with newer flooring, light fixtures, vinyl windows, and updated bathrooms & kitchens with stainless steel appliances and granite countertops! Updated plumbing and electric means the hard work is already done. Shared onsite laundry room - install coin-op Washer & Dryer for extra income! Fully fenced yards and decks that offers peace, quiet and privacy. Unique CC-2 (Community Commercial) zoning allows flexibility for both commercial and multifamily uses. Convenient location with quick access to freeways, restaurants and shopping. *Units A & C leased, B left vacant in case new owner wants to occupy!*

Primary Features

County: King
Price Before Reduction: 778000
Price Reduction Date: 2021-08-22T22:15:55+00:00
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Boulevard Park
Year Built: 1932

Interior

Building Area Units: Square Feet
Flooring: Laminate, Vinyl Plank
Furnished: Unfurnished
Heating Cooling Type: Forced Air
Living Area Units: Square Feet
Stories Total: 2

External

Construction Methods: Standard Frame
Elevation Units: Feet
Exterior Features: Wood
Lot Features: Paved
Lot Size Square Feet: 6024
Lot Size Units: Square Feet
MLS Lot Size Source: County
Number Of Units Total: 3
Open Parking Spaces: 3
Parking Total: 3
Parking Uncovered Spaces: 3
Roof: Composition
Sewer: Sewer Connected
Structure Type: Triplex
Style Code: 53 - Tri-plex
Units Below Grade: false
Units In Building Total: 3
Utilities: Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
Water Sewer Garbage: 4552
Water Source: Public

Location

Building Area Total: 2235
Country: US
Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Highline
Middle Or Junior School: Buyer To Verify
MLS Area Major: 130 - Burien/Normandy
View: Territorial
Waterfront: no
Zoning Jurisdiction: City

Additional

First Right Of Refusal: no
Mls Status: Sold
Offers: Seller intends to review offers upon receipt
Power Production Type: Electric, Natural Gas
Preliminary Title Ordered: yes
Property Condition: Good
Site Features: Fenced-Fully, Gas Available

Financial

Association Fee Frequency: Annually
Buyer Financing: Not Disclosed
Cap Rate: 4.95
Gross Adjusted Income: 56829
Gross Rent Multiplier: 13
Gross Scheduled Income: 59820
Insurance Expense: 1555
Leasable Area: 2213
Leasable Area Units: Square Feet
Leased Items: None
Net Operating Income: 38376
Other Expense: 6933
Possession: Closing, Tenant's Rights
Sale Type: MLS
Seller Disclosure: Provided
Special Listing Conditions: None
Tax Annual Amount: 5413
Tax Year: 2021
Total Expenses: 18453
Total Monthly Income: 4985
Vacancy Rate: 5

Zoning Info


Based on information submitted to the MLS GRID as of Saturday, March 23rd, 2024 10:36:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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