317 319 NW Market St, Seattle, WA 98107

$1,065,000
2,050
SqFt

Listing courtesy of Savvy Lane Inc.

List Price
$1,065,000
Status
ACTIVE
MLS#
1583260
Days on Market
13
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,050
Lot Size (sq ft)
5,063

Property Description

The Market Street Townhomes is a duplex located in between the neighborhoods of Fremont, Ballard, and Phinney Ridge. Built in 1983 and updated in 2006, the property consists of 2 three bedroom and two bath townhouse units on a 4,175 SF lot. Unit amenities include full kitchen with electric range, refrigerator, washer and dryer. All units have electric base board heaters. The property features storage, and four off street parking spaces. This is an excellent opportunity for an owner/user.

Additional Information

List Date
2020-03-24 00:00:00
Community
Ballard
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out
Year Built
1983
Total Parking
4
Uncovered Parking
4
Exterior
Wood
Roof
Composition
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,575
Gross Scheduled Income
$66,900
Vacancy Rate
3
Gross Adjusted Income
$65,109
Annual Taxes
$7,196
Tax Year
2019
Insurance Expense
$791
W/S/G Expenses
$3,094
Total Expenses
$14,504
Net Operating Income
$50,605
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1025
Unit 1 Rent
$2,525
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1025
Unit 2 Rent
$2,450
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