7326 47th Avenue SW, Seattle, WA 98136

$760,000
2,990
SqFt

Listing courtesy of Madison Avenue Realty. Selling Office: Keller Williams Seattle Metro.

Sold Price
$760,000
List Price
$760,000
Status
SOLD
MLS#
1729633
Closing Date
Sep 10, 2021
Days on Market
124
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,990
Area Total SqFt
2990
Annual Tax Ammount
7548
Lot Size (sq ft)
3,474
Sewer
Sewer Connected

Property Description

Hard to find, well cared for and spacious, updated Craftsman duplex (or easy conversion to single-family living) with large units across from Lincoln Park. Big living rooms, dining rooms, fireplace, dishwasher, tiled kitchens, bedrooms with good closets w/ built-ins. Fenced backyard is great for pets, play, and bbq's.1,050sf unfinished high ceiling basement offers huge storage for units, laundry, also, potential to create a non conforming 3rd unit. Copper plumbing, newer electrical, recently painted, newer roof and double pane windows. Low maintenance yards, 2 parking spots. Minutes to Lowman Beach, Morgan junction restaurants, coffee, shopping. This is really special! 48 hour notice is required for access to the property.

Additional Information

List Date
2021-05-09 00:00:00
Community
Lincoln Park
Net Operating Income
$29,672
Gross Adjusted Income
$41,820
Gross Scheduled Income
$41,820
Total Monthly Income
$3,520
Insurance Expenses
$900
Water/Sewer/Garbage Expenses
$2,700
Gross Rent Multiplier
20
Total Expenses
$12,148
Cap Rate
3
Total Number of Units
2
Unit Name
7326
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1916
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet
Other Expenses
1000
Energy Source
Electric
School District
Seattle
Elementary School
Gatewood
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$3,520
Gross Scheduled Income
$41,820
Gross Adjusted Income
$41,820
Tax Year
2021
Insurance Expense
$900
W/S/G Expenses
$2,700
Total Expenses
$12,148
Net Operating Income
$29,672
Gross Rent Multiplier
20
Cap Rate
3
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