- Active
Listing courtesy of Raintown Realty.
Team Member Representing this Property
Property Description
Great opportunity to own a turn key duplex in Seattle at a affordable price. Huge potential to increase the 4% cap rate because current rent prices are under market value. Located close to South Seattle Community College and is situated for easy access to highways into Seattle. Freshly painted exterior, new roof in 2020. This is an Up-zoned neighborhood, LR1 (M) zoning allows for the potential for building more units. Wood flooring and wall to wall carpet. Top unit features 3 beds and 1 bath and is full of natural light. Lease ends Dec. Lower unit has 2 bedrooms 1 bath lease ends in Aug. Strong rental history here! Lower tenant is a long-term renter! Tenants pay all utilities. Lease both sides or live in one and rent the other out!
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Property Details & Features
Property Type
- 52 – Duplex
Year Built
- 1919
Schools
- Seattle
House
- Building Area Total: 1440
- Building Area Units: Square Feet
- Calculated Square Footage: 1440
- Elevation Units: Feet
- Leasable Area Units: Square Feet
- Leasable Area: 1440
- Number Of Units Total: 2
- Stories Total: 2
- Structure Type: “Duplex”
- Units In Building Total: 2
- Year Built: 1919
- Year Built Effective: 1919
Exterior Features
- Exterior Features: “Wood”
Floors
- Flooring: “Vinyl”, “Carpet”
Foundation
- Foundation Details: “Poured Concrete”
Heating
- Heating Cooling Type: Forced Air
Income
- Net Operating Income: 32114
Interior Features
- Furnished: Unfurnished
- Interior Features: “Forced Air”, “Wall to Wall Carpet”
Listing
- Possible Use: “Multi-Family”
Location
- County or Parish: King
- Subdivision: Highland Park
Lot
- Features: “Curbs”, “Paved”, “Sidewalk”
- 0 acres
- 3795 square feet
- View: “Territorial”
Parking
- Open Parking Spaces: 1
- Parking Total: 1
- Parking Uncovered Spaces: 1
Possession
- Possession: “Closing”
Property
- Property Condition: “Good”
- Site Features: Cable TV,Fenced-Partially
Roof
- Roof: “Composition”
Schools
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School District: Seattle
- High School: Buyer To Verify
Sewer
- Sewer: “Sewer Connected”
- Sewer Company: Seattle Public Utility
Utilities
- Utilities: “Cable Connected”, “Sewer Connected”, “Electricity Available”, “Natural Gas Connected”
- Power Company: PSE/SCL
- Power Production Type: “Electric”, “Natural Gas”
- Water Company: Seattle Public Utility
- Water Source: “Public”
Listings last updated on August 14, 2022 6:51PM.
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