Residential Income in Seattle

$860,000

4207 Bateman, 98118, Seattle, WA

Residential Income for sale in Seattle, 4207 Bateman, 98118

4207 Bateman, 98118, Seattle, WA

$860,000

Type: Residential Income

Description

**NEW PRICE + SELLER INCENTIVE!** Seller is offering up to $10, 000 toward buyer closing costs with an acceptable offer. Fully occupied Seattle triplex offering immediate income and long-term investment potential in the Rainier Valley corridor. Current gross scheduled income of $72, 600/year with an underwritten NOI of approximately $46, 168. Two 1BR/1BA units plus a spacious 3BR/2BA provide diversified rental income, with potential for future growth as leases and applicable regulations allow. SIX off-alley parking spaces offer a rare and valuable amenity. Each unit includes range/oven, refrigerator, dishwasher, washer/dryer, and AC. Documented multi-year maintenance history reflects consistent property care. Conveniently located between Hillman City and Brighton with access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities, and major employment centers. An attractive opportunity for investors or 1031 exchange buyers seeking an occupied Seattle multifamily asset with income from day one and future optimization potential. Financials, rent roll, and maintenance records available for buyer review. Buyer to verify all financial information and comply with existing leases and applicable landlord-tenant requirements.

Location

4207 Bateman, 98118, Seattle, WA

Data

Object TypeResidential Income
Purchase Price$860,000
Living Space0 m²
Plot Size487.74 m²
BathroomsN/A
Construction Year1952
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Radiant, Radiator
Primary Energy SourceN/A
Construction Year1952
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent