Listing courtesy of Kelly Right RE of Seattle LLC.
Rare brick fourplex featuring private fenced backyards for each unit—an exceptional amenity that's hard to find. This well-maintained investment property offers a strong 5.39% cap rate based on actual rental income and generates approximately $79,800 in current gross annual rent. Extensive updates include remodeled kitchens, upgraded plumbing and electrical systems, new flooring, fresh paint, improved landscaping, updated windows, and a new roof. The property is further enhanced by convenient on-site laundry facilities and benefits from stable, long-term tenants, supporting consistent cash flow. Durable materials and low-maintenance features help minimize operating costs. Each unit provides comfortable, highly marketable living space in a desirable location close to libraries, shopping, restaurants, cafes, bars, parks, and freeway access. With a Walk Score of 80, residents enjoy convenient access to a wide variety of neighborhood amenities.
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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