109 30th Ave

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109 30th Ave

Seattle, WA 98122
Asking Price
$2.49M
Cap Rate
5.18%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Turnkey/Condo-quality side-by-side fourplexes in Leschi with Lake Washington views <p>Unique Leschi location with views of Lake Washington</p><p>Full 2012 remodel including all new plumbing and electrical systems as well as renovated kitchens, baths, and all living spaces</p><p>Fully turnkey condition with rent upside in uniquely desirable location</p><p>Parking for 9 vehicles – 8 alley-accessed off-street spaces and one large garage with electric door</p><p>All corner units with high ceilings and light-filled spaces</p><p>In-unit laundry and dishwashers</p><p>Fire sprinklers

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NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.08%
Monthly Payment
$12,319.161
Annual Cash Flow
$-67,829.937

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