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Listing provided by NWMLS, courtesy of Keller Williams Realty Bothell

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Active Bank-owned
$599,900
/mo   Edit
MLS# 1578384
Multi-Family/Duplex
Built 1927
0.13 acres
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    Description:   Fantastic opportunity for builders & investors! Large corner lot w/ an alley in a prime location. Property is a non-conforming duplex "grandfathered" in. Multiple exit plans possible per city of Seattle(Buyer to verify to Buyer's own satisfaction) 1) Rehab property & continue to use as duplex (adding up to 500 sqft could be possible w/ this option, 2) tear down property & rebuild a duplex (per specific time lines), 3) tear down property & build a SFR w/ up to 1000 sqft AADU plus 1000 sqft DADU.

    Interior

    Approx. Sq Ft: 1,886 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Forced Air, Insert
    Floor Covering: Ceramic Tile, Laminate Hardwood, Vinyl, Wall to Wall Carpet

    Utilities

    Water Company: Seattle Public Utilities
    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98133
    Area: 705
    County: King
    School District: Seattle
    Latitude: 47.70311700
    Longitude: -122.35103700

    Building

    Year Built: 1927
    Roof: Composition
    Exterior: Metal/Vinyl, Wood, Wood Products
    Number of Units in Building: 2

    School

    School District: Seattle

    Lot

    Lot Details: Alley, Corner Lot, Paved Street
    Lot Sq Ft: 5,670 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Greenwood
    Site Features: Fenced-Partially

    Rent

    Terms: Cash Out

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $6,086
    Insurance Expenses: 0
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 6086
    Tax Year: 2020
    Gross Scheduled Income: 32400
    Vacancy Rate: 0
    Gross Adjusted Income: 32400
    Total Expenses: 6086
    Net Operating Costs: 32400
    Gross Rent Multiplier: 19
    Total Monthly Income: 2700

    Unit 1

    Description Unit 1: 1
    Sq Ft Unit 1: 550 ft²
    Bedrooms Unit 1: 1
    Bathrooms Unit 1: 1.00
    Fireplaces Unit 1: 0
    Rent Unit 1: $1,100

    Unit 2

    Description Unit 2: 2
    Sq Ft Unit 2: 1,336 ft²
    Bedrooms Unit 2: 3
    Bathrooms Unit 2: 2.00
    Fireplaces Unit 2: 0
    Rent Unit 2: $1,600

    Unit 3

    Sq Ft Unit 3: 0 ft²
    Bedrooms Unit 3: 0
    Bathrooms Unit 3: 0.00
    Fireplaces Unit 3: 0
    Rent Unit 3: None

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 0.00
    Fireplaces Unit 4: 0
    Rent Unit 4: None

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 0.00
    Fireplaces Unit 5: 0
    Rent Unit 5: None

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

    Mortgage Calculator

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    Listing provided by NWMLS, courtesy of Keller Williams Realty Bothell