632 NW 49th St, Seattle, WA 98107

$885,000
2,320
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$885,000
Status
ACTIVE
MLS#
1400271
Days on Market
38
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
2,320
Lot Size (sq ft)
3,340

Property Description

Two-unit, turnkey investment property in desirable Ballard/Fremont/Phinney location! Well maintained with many improvements throughout including fresh paint, new carpets, thermopane windows. One unit totally remodeled with newer bathroom and kitchen featuring new cabinets, fixtures and stone floors. Large bedrooms and walk-in closets. Off street rear parking with alley access. High demand rental area. Perfect for owner occupied or investment!

Additional Information

List Date
2019-01-14 00:00:00
Community
Ballard
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1979
Total Parking
3
Uncovered Parking
3
View
Territorial
Exterior
Stucco
Roof
Flat
Site Features
Cable TV, Fenced-Partially, Gas Available, Patio
Lot Details
Alley, Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$4,450
Gross Scheduled Income
$50,640
Vacancy Rate
2
Gross Adjusted Income
$49,627
Annual Taxes
$5,742
Tax Year
2017
Insurance Expense
$836
W/S/G Expenses
$3,095
Total Expenses
$11,269
Net Operating Income
$38,358
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.75
Unit 1 Size
1500
Unit 1 Rent
$2,600
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
820
Unit 2 Rent
$1,850
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