7144 47th Ave SW

    Seattle, WA 98136
    • $4,600,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: 1414166
    UPDATED: 70 min ago
    $4,600,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,614
      SQFT
    • $277
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Coldwell Banker Danforth.

    Description

    The Kenney Assemblage consists of 5 buildings: 3 triplexes, 1 fourplex and one duplex totalling 15 units. All units spacious, ranging from studio to 2-bedroom. Garage parking in select units. Value-add opportunity with rents significantly below market. Upside available through rent increase, utility billback, parking fees, etc.Build up for potential Sound views, steps to Lincoln Park, walk to shopping/retail, near Vashon/Faunt Ferry Term & short commute to D'town Seattle. 6.9% proforma cap rate.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-20T13:15:33.313.

    www.kimberlygartlandgroup.com/homes/92035543

    7144 47th Ave SW Seattle, WA 98136

    • Price: $4,600,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 1414166
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    16,614
    SQFT
    $277
    $/SQFT
    1960
    Built
    Neighborhood:
    Lincoln Park
    County:
    King
    Area:
    West Seattle
    School District:
    Seattle
    Property Description
    The Kenney Assemblage consists of 5 buildings: 3 triplexes, 1 fourplex and one duplex totalling 15 units. All units spacious, ranging from studio to 2-bedroom. Garage parking in select units. Value-add opportunity with rents significantly below market. Upside available through rent increase, utility billback, parking fees, etc.Build up for potential Sound views, steps to Lincoln Park, walk to shopping/retail, near Vashon/Faunt Ferry Term & short commute to D'town Seattle. 6.9% proforma cap rate.
    Exterior Features

    Building Condition Good Carport Spaces 3 Exterior Wood Garage Spaces 5 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 15 Uncovered Spaces 7 View See Remarks

    Interior Features

    Floor Covering Wall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven N Unit4 Refrigerator N Unit4 Sq Ft 0 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Amenities BasementCoin Op LaundryStorage Bank Owned No Cap Rate 2.00 Electrical Expenses 0 Energy Source ElectricOil EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 192362 Gross Rent Multiplier 0 Gross Scheduled Income 201180 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Leased Items None Net Operating Income 106630 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Seattle City Light Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Seattle Pud Tax Amount 46668 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 85731 Total Expenses TEX 85731 Total Monthly Income 0 Unit1 Monthly Rent 1400 Unit2 Monthly Rent 1400 Unit3 Monthly Rent 1400 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Seattle Pud Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-20T13:15:33.313.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Coldwell Banker Danforth.