4826 40th Ave SW, Seattle, WA 98116

$1,087,500
2,970
SqFt

Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,087,500
Status
ACTIVE
MLS#
1435788
Days on Market
10
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
2,970
Lot Size (sq ft)
6,650

Property Description

Immaculate, well cared for duplex with rentable detached two car garage. Each unit boasts over 1,400 sq. feet with basement storage/utility & garage. Long term tenants enjoy below market rents. Extensive renovation including new windows (2016), new garage doors (2017) and foundation work. Great condition duplex in awesome location with 91 walk score (Walker's paradise) near Trader Joe's and Junction shops and restaurants. Hardwood floor, kitchen with eating space. Great Building, solid income.

Additional Information

List Date
2019-04-08 00:00:00
Community
Fairmount
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1954
Total Parking
5
Uncovered Parking
1
Exterior
Brick, Wood
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Lot Details
Alley, Curbs, Secluded, Sidewalk
School District
Seattle
Elementary School
Fairmount Park
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$4,775
Gross Scheduled Income
$57,300
Gross Adjusted Income
$57,300
Annual Taxes
$8,137
Tax Year
2019
Insurance Expense
$866
W/S/G Expenses
$1,678
Total Expenses
$12,000
Net Operating Income
$45,300
Gross Rent Multiplier
19
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1485
Unit 1 Rent
$2,000
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1485
Unit 2 Rent
$2,200
Unit 3 Size
490
Unit 3 Rent
$575

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