19220 15th Ave NE, Shoreline, WA 98155

$720,000
2,730
SqFt

Listing courtesy of Sound Investment Advisors LLC.

List Price
$720,000
Status
ACTIVE
MLS#
1454701
Days on Market
13
Style
52 - Duplex
Building Condition
['Average']
Finished SqFt
2,730
Lot Size (sq ft)
10,424

Property Description

Great duplex for investors. Both units rented out at fair market rate. Updates: Roof replaced in 2016, new exterior paint in summer of 2018. New hot water heater tank and garage door installed this year. Upstairs unit has new paint, carpet, and vinyl installed summer 2018. New double-paned windows upstairs. W/D in garage. Hook-up available for additional set. Tenants on lease, utilities are paid by tenants. For sale as is.

Additional Information

List Date
2019-05-06 00:00:00
Community
Shoreline
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA
Year Built
1929
Total Parking
6
Uncovered Parking
5
View
Territorial
Exterior
Cement/Concrete, Wood, Wood Products
Roof
Composition, Torch Down
Site Features
Deck
Lot Details
Sidewalk
School District
Shoreline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,500
Gross Scheduled Income
$42,000
Vacancy Rate
3
Gross Adjusted Income
$29,507
Annual Taxes
$6,076
Tax Year
2019
Insurance Expense
$952
W/S/G Expenses
$2,573
Total Expenses
$9,601
Net Operating Income
$29,507
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
1.00
Unit 1 Size
1590
Unit 1 Rent
$2,200
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1190
Unit 2 Rent
$1,300
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