4313 4th Ave NE, Seattle, WA 98105

$995,000
2,270
SqFt

Listing courtesy of CBRE INC.

List Price
$995,000
Status
PENDING
MLS#
1405782
Price Change
▼ $55,000 1552709179
Days on Market
64
Style
52 - Duplex
Finished SqFt
2,270
Lot Size (sq ft)
5,100

Property Description

The Wallingford Duplex consists of (2) spacious three-bedroom units located just off 45th St with easy access to I-5 and nearby amenities. The Property offers new ownership an ideal opportunity to purchase a well-performing asset that has remained fully occupied since 2010. Current rent is $5K month+utilities, leased to Aug 2019. Current ownership has recently replaced the windows with new and efficient double-pane throughout, and painted the exterior. Kitchens and bathrooms updated in 2014.

Additional Information

List Date
2019-01-28 00:00:00
Community
Wallingford
Property Type
MULT
Stories
2
Potential Terms
See Remarks
Year Built
1907
Total Parking
1
Exterior
Stucco
Roof
Composition
School District
Seattle
Total Monthly Income
$5,000
Gross Scheduled Income
$61,200
Gross Adjusted Income
$61,200
Annual Taxes
$8,267
Tax Year
2018
Insurance Expense
$1,332
Total Expenses
$9,599
Net Operating Income
$51,601
Gross Rent Multiplier
16
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
1430
Unit 1 Rent
$2,500
Unit 2 Beds
3
Unit 2 Baths
1.00
Unit 2 Size
840
Unit 2 Rent
$2,500

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.



Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks