2571 Montlake Place E, Seattle, WA 98112

$749,900
1,660
SqFt

Listing courtesy of Windermere Real Estate Co..

List Price
$749,900
Status
ACTIVE
MLS#
1410785
Days on Market
10
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
1,660
Lot Size (sq ft)
4,481

Property Description

Super convenient, super cute legal duplex with 2 bed 1.75 bath main level unit & an open 1 bed 1 bath lower unit. Steps from SR520, bus lines, UW & light Rail. Classic 50's charm, hardwood floors, plenty of windows. Separate fenced yards for each unit, and privacy up away from street. On-street parking around corner on E Louisa. 2 elect meters. Perfect for owner occupants w/ rental unit, or inv property for UW/hospital staff rental. Separate HW and W/d for both units.

Additional Information

List Date
2019-05-09 00:00:00
Community
Montlake
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, VA
Year Built
1951
Exterior
Brick, Wood Products
Roof
Composition
Site Features
Deck, Fenced-Fully, Gated Entry, Patio
Lot Details
Paved Street, Sidewalk
School District
Seattle
Elementary School
Montlake
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$3,150
Gross Scheduled Income
$37,800
Vacancy Rate
4
Gross Adjusted Income
$36,288
Annual Taxes
$6,106
Tax Year
2018
Insurance Expense
$1,000
Total Expenses
$7,106
Net Operating Income
$29,182
Gross Rent Multiplier
20
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.75
Unit 1 Size
1010
Unit 1 Rent
$2,200
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
650
Unit 2 Rent
$950
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