For more information on this listing, please contact...
Branding Photo
James Malsch
206-650-3406
Email
  • Listing #:
    • 2227583
  • Price:
    • $1,200,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • Duplex
  • # of Units:
    • 2
  • # of Acres:
    • 0.08
  • Year Built:
    • 1957
  • Comm/Assn:
    • Fremont
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98103
  • Right of 1st Refusal:
    • No
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Description
Fremont Mid-century Duplex—featured In Sunset Magazine, This Property Boasts Two Identical 1-bedroom Units With Open Floor Plans, Abundant Natural Light, And Private, Fully-fenced Patios. High-efficiency Appliances And Large, Secure Storage Included. Comes With 2 Carport Spaces And 2 Additional Off-street Spots. Situated On An Lr3 Zoned Corner Lot, Ideal For Future Development Or Adding A Dadu Today. Or Consider Merging Units Into A Single Expansive Home. Airbnb Each Side For $39,287 Per Year—enclaves Property Management Proforma Available. Walkscore 98, Close To Google, Tableau, Adobe, And All The Bars And Restaurants Fremont Has To Offer. One Unit Long-term Rented—a Great Airbnb Opportunity.
Property Features
  • Cap Rate:
    • - 4.4
  • Carport Spaces:
    • - 2
  • Exterior Features:
    • - Wood
    • - Wood Products
  • :
    • - Territorial
  • Foundation Details:
    • - Poured Concrete
  • Gross Scheduled Income:
    • - $63,600.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $800.00
  • Interior Features:
    • - Bamboo/Cork
    • - Ceramic Tile
  • Leasable Area:
    • - 1,510.00 Square Feet
  • Lot Features:
    • - Corner Lot
    • - Curbs
    • - Paved
    • - Sidewalk
  • Net Operating Income:
    • - $52,790.00
  • Amenities:
    • - Storage
  • Gross Adjusted Income:
    • - 63600
  • Gross Rent Multiplier:
    • - 18.9
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 2
  • Power Company:
    • - City of Seattle
  • Sewer Company:
    • - Seattle Public Utilities
  • Site Features:
    • - Cable TV
    • - Deck
    • - Fenced-Fully
    • - High Speed Internet
    • - Patio
  • Style Code:
    • - 52 - Duplex
  • Total Expenses:
    • - 10810
  • Total Monthly Income:
    • - 5300
  • Units Below Grade:
    • - false
  • Water Company:
    • - Seattle Public Utilities
  • Water Sewer Garbage:
    • - 2800
  • Zoning Class:
    • - Multi-Family
  • Zoning Jurisdiction:
    • - City
  • Open Parking Spaces:
    • - 2
  • Open Parking Y/N:
    • - Yes
  • Parcel Number:
    • - 1972201305
  • Possible Use:
    • - Multi-Family
  • Property Condition:
    • - Very Good
  • Security Features:
    • - PartiallyFenced
  • Stories Total:
    • - 2
  • Structure Type:
    • - Duplex
  • Annual Tax Amount:
    • - $7,210.00
  • 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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