2605 4TH Ave N Unit 2, Seattle, WA 98109

$750,000
1,600
SqFt

Listing courtesy of Pro Realty Options, Inc..

List Price
$750,000
Status
ACTIVE
MLS#
1689529
Days on Market
21
Style
52 - Duplex
Building Condition
['Fair']
Finished SqFt
1,600
Lot Size (sq ft)
3,237

Property Description

The place could use a little polishing up but like they say, "location, location, location" & you're going to love that! Seconds to downtown Seattle or a minute or 2 longer to the west for lunch in the quaint and smaller Queen Anne market area. Both units have very good floor plans! The main floor unit (2 BR/1 BA) is about 900 SF & is light & bright. The lower floor unit (1+ BR/1 BA) is smaller at about 700 SF & a good floor plan with a storage area that could be converted to a 2nd bedroom. Good sized lot with a Great patio in back for BBQ's and gardens. Parking on site & on the street. Both units have W/D units, instant water heaters, and forced air heat.

Additional Information

List Date
2020-11-12 00:00:00
Community
Queen Anne
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1937
Total Parking
2
Uncovered Parking
2
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Patio
Lot Details
Corner Lot, Paved Street, Secluded, Sidewalk
School District
Seattle
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Gross Adjusted Income
$33,600
Annual Taxes
$5,858
Tax Year
2020
Insurance Expense
$834
W/S/G Expenses
$3,385
Total Expenses
$10,677
Net Operating Income
$22,923
Gross Rent Multiplier
22
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
900
Unit 1 Rent
$1,550
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
700
Unit 2 Rent
$1,250
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