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Listing 3 out of 11
Sold for $615,000 Sold

4216 337th Place SE
Fall City, WA 98024

4 units | Multi Family Home
11326 sq ft lot - MLS# 1393555 Courtesy of Windermere Real Estate/East
Property Photo

Sold

Sold for $615,000 on Apr 30, 2019

Description

2 Fall City Duplexes on same Taxlot, Unit 4216 is 2bd, 1 bth & Unit 4222 is 3bd 1 bth & Units 4226 & 4228 are 1bd 1 bth units. All units have washer/dryer hook-ups. 2 newer furnaces and 1 newer roof as of 2008. Both septic tanks OSS certified tanks/drain field as of 2007. East Duplex (4216 & 4222) built 1967. West Duplex (4226 & 4228) built 1961. 4228 has 420sf bsmnt. Free standing storage building in the alley. Tenants pay water/garbage. Unit 4126 is vacant; rent based on previous tenant.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $675,000
  • County/Area: King County
  • Zip Code: 98024
  • Year Built: 1967
  • Subdivision/Neighborhood: Fall City Addition
  • School District: Snoqualmie Valley
  • Elementary School: Fall City Elem
  • Middle School: Chief Kanim Mid
  • High School: Mount Si High
  • Sq.Ft.: 3,750 sq ft
  • Stories: Duplex
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 11326 sq ft lot
  • Area: Fall City
  • Amenities: Storage
  • Area Number: 540
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Building Condition: Fair
  • Cap Rate - NOI div LP: 4.47
  • Energy Source(heat): Electric
  • Exterior: Cement/Concrete, Wood
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • General Zoning Class: Commercial, Multi-Family, See Remarks
  • Gross Adjusted Income: $45240
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $45240
  • Heating/Cooling: Baseboard, Wall
  • Insurance Expenses: $537
  • Lot Details: Alley, Corner Lot, Paved Street
  • Net Operating Income: $33552
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 8
  • Power Company: Pse
  • Rent Unit 1: $1100
  • Rent Unit 2: $1100
  • Rent Unit 3: $790
  • Rent Unit 4: $780
  • Roof: Composition
  • Selling Agent:
  • Sewer Company: Septic
  • Site Features: Cable TV, Fenced-Partially
  • Square Feet Unit 1: 900
  • Square Feet Unit 2: 1200
  • Square Feet Unit 3: 600
  • Square Feet Unit 4: 600
  • Street Number Modifier: To 4228
  • Total Expenses: $11688, $11688
  • Total Monthly Income: $3770
  • Water Company: Fall City Water
  • Water Source: Public
  • Water/Sewer/Garbage: 3385
  • Sold Price: 615000.00
  • Sold Date: 2019-04-30 00:00:00
Courtesy of Windermere Real Estate/East
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Integrity are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-17

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Frost Home Team
RE/MAX Integrity

Phone: 425-891-0146
Email: team@frosthometeam.com

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