Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Seattle, WA
1620 S 92nd Pl, Seattle, WA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths6 / 3
Living area3,681 sqft
Lot0.29 acres
Year built1942
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Seattle, WA. Take over the existing mortgage payments and acquire the deed for $510,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 5.7%
- Net operating income
- $22,524/yr
- Cash flow
- +$1,877/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.