- 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
QR Code
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