Subject-To
Creative Finance (Sub-To) · 3BR/2.0BA · Seattle, WA
300 5th Ave, Seattle, WA 98104 · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths5 / 2.5
Living area3,680 sqft
Lot0.28 acres
Year built1941
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 $495,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 5.6%
- Net operating income
- $22,512/yr
- Cash flow
- +$1,876/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.