9222 15th Avenue SW Unit #A/B, Seattle, WA 98106

$788,000
3,050
SqFt

Listing courtesy of Real Living Northwest Realtors. Selling Office: Professional Realty Services.

Sold Price
$788,000
List Price
$795,000
Status
SOLD
MLS#
1634854
Closing Date
Oct 21, 2020
Days on Market
42
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
3,050
Area Total SqFt
3050
Annual Tax Ammount
6010
Lot Size (sq ft)
6,882
Sewer
Sewer Connected

Property Description

Charming duplex in BOOMING, vibrant Highland Park! Little dollhouse w/ sweet backyard! Long-term, 10+ yr tenants in Unit A. Unit B vacant this fall. Live in one side, rent the other! 7% CAP. Each unit has 3 beds + 4th Bed/office, 1 bath w/ laundry & storage. Remodeled full bath in Unit B. Newer fence. 4 Mins to Westwood Village. New roof on garage. Prime for redevelopment! Zoned multi-family LR2(M). Build twnhms/apts on this 6,882 (111 x 62) lot. Several neighbors under redevelopment right now!

Additional Information

List Date
2020-09-09 00:00:00
Community
Highland Park
Net Operating Income
$53,017
Gross Adjusted Income
$63,500
Gross Scheduled Income
$63,300
Total Monthly Income
$5,525
Insurance Expenses
$1,255
Water/Sewer/Garbage Expenses
$2,795
Gross Rent Multiplier
13
Total Expenses
$10,483
Cap Rate
6.66
Total Number of Units
2
Unit Name
9222
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1918
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Outbuildings
Other Expenses
423
School District
Seattle
Elementary School
Highland Park
Middle School
Denny Mid
High School
Seattle Public Sch
Total Monthly Income
$5,525
Gross Scheduled Income
$63,300
Gross Adjusted Income
$63,500
Tax Year
2019
Insurance Expense
$1,255
W/S/G Expenses
$2,795
Total Expenses
$10,483
Net Operating Income
$53,017
Gross Rent Multiplier
13
Cap Rate
6.66
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