1003 W Prospect St, Seattle, WA 98119

$948,850
2,450
SqFt

Listing courtesy of HomeSmart Real Estate Assoc.

List Price
$948,850
Status
ACTIVE
MLS#
1382399
Days on Market
14
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,450
Lot Size (sq ft)
2,280

Property Description

Own a once in a lifetime property in Queen Anne! Fixer duplex with world class shop attached. Secluded lot is attached to a 14 acre park. Perfect for entertaining with covered decks and roof deck! Puget Sound & Olympic Mt views near Seattle Center, Amazon, F5 Networks & Expedia HQ campus. The pedestrian bridge is across the street linking you to the beach, fishing, running, biking or just relaxing watching the sunset. Heated 650 sq ft. garage with hoist, air system & a two ton bridge crane.

Additional Information

List Date
2018-11-02 00:00:00
Community
Queen Anne
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, FHA, Lease/Purchase, Rehab Loan, VA
Year Built
1931
Total Parking
7
Uncovered Parking
5
View
City, Mountain, Ocean, Sound, Territorial
Exterior
Cement/Concrete, Metal/Vinyl
Roof
Composition, Torch Down
Site Features
['Cable TV', 'Deck', 'Fenced-Partially', 'High Speed Internet', 'Hot Tub/Spa', 'Outbuildings', 'Patio', 'RV Parking', 'Shop']
Lot Details
Alley, Corner Lot, Cul-de-sac, Dead End Street, Open Space, Secluded
School District
Seattle
Total Monthly Income
$6,250
Gross Scheduled Income
$75,000
Vacancy Rate
2
Gross Adjusted Income
$73,500
Annual Taxes
$6,115
Tax Year
2018
Insurance Expense
$1,200
Total Expenses
$11,865
Net Operating Income
$61,630
Gross Rent Multiplier
13
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
2.00
Unit 1 Size
970
Unit 1 Rent
$2,500
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
900
Unit 2 Rent
$2,250
Unit 3 Size
650
Unit 3 Rent
$1,500
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Calculator source: Real Geeks