For more information on this listing, please contact...
Branding Photo
James Malsch
206-650-3406
Email
  • Listing #:
    • 2067816
  • Price:
    • $2,500,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • Duplex
  • # of Units:
    • 2
  • # of Acres:
    • 0.05
  • Year Built:
    • 2020
  • Comm/Assn:
    • Queen Anne
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98119
  • Right of 1st Refusal:
    • No
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Description
If You’ve Been Looking For A Comprehensive Addition To Your Investment Portfolio, Look No Further! Located On The North Side Of Queen Anne Just Two Blocks From The Seattle Pacific University Campus, These 2 Standalone Rooming Houses Offer Limitless Potential To Generate Rental Income. Built In 2020 And Certified 4-star Built Green With Contemporary Finishes, Full Appliance Packages, Plus Conveniences Like Ductless Mini-splits Providing High-efficiency Heat & A/c, Each Home Offers 8 Rentable Bedrooms, 2 Bathrooms, Spacious Common Areas Plus In-unit Laundry. With Easy Access To Ballard, Fremont, & Downtown, Plus Miles Of Bike Paths Along The Burke-gilman Via The Ship Canal Trail. Fully Leased, Please Do Not Disturb Tenants Or Access Property.
Property Features
  • Cap Rate:
    • - 4.65
  • Cooling Y/N:
    • - Yes
  • Exterior Features:
    • - Cement Planked
    • - Wood Products
  • :
    • - Territorial
  • Foundation Details:
    • - Poured Concrete
    • - Slab
  • Green Building Verification Type:
    • - Built Green™
  • Gross Scheduled Income:
    • - $150,000.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $9,600.00
  • Interior Features:
    • - Ductless HP-Mini Split
  • Leasable Area:
    • - 4,140.00 Square Feet
  • Lot Features:
    • - Paved
  • Net Operating Income:
    • - $116,263.00
  • Environmental Certification:
    • - Built Green™
  • Green Verification Built Green Rating:
    • - 4-Star
  • Gross Adjusted Income:
    • - 147000
  • Gross Rent Multiplier:
    • - 16.67
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 1
  • Power Company:
    • - Seattle City Light
  • Sewer Company:
    • - Seattle Public Utilities
  • Site Features:
    • - Cable TV
    • - Fenced-Partially
    • - High Speed Internet
  • Style Code:
    • - 52 - Duplex
  • Total Expenses:
    • - 30737
  • Total Monthly Income:
    • - 12500
  • Units Below Grade:
    • - false
  • Vacancy Rate:
    • - 2
  • Water Company:
    • - Seattle Public Utilities
  • Zoning Class:
    • - Multi-Family
  • Zoning Jurisdiction:
    • - City
  • Open Parking Spaces:
    • - 1
  • Open Parking Y/N:
    • - Yes
  • Other Expense:
    • - 3000
  • Parcel Number:
    • - 7443001366
  • Possible Use:
    • - Multi-Family
  • Property Condition:
    • - Very Good
  • Security Features:
    • - FullyFenced
  • Stories Total:
    • - 3
  • Structure Type:
    • - Duplex
  • Annual Tax Amount:
    • - $18,137.00
  • Tax Year:
    • - 2023
  • View Y/N:
    • - Yes
  • Water Source:
    • - Public
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For more information on this listing, please contact...
Branding Photo
James Malsch
206-650-3406
Email

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