12032 17th Ave NE, Seattle, WA 98125

$495,000
800
SqFt

Listing courtesy of Arsenault Realty Advisors, LLC.

List Price
$495,000
Status
ACTIVE
MLS#
1467559
Days on Market
12
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
800
Lot Size (sq ft)
7,200

Property Description

SEATTLE DUPLEX: FHA Owner Occupied, only $18,000 Down and Monthly Payments only $2,350 P&I. House sits on a HUGE LOT. Increase Rents by charging the residents a co-pay for W/S/G. Great Pinehurst Area. Lots of parking, HUGE backyard, fully fenced. Build an Addition onto each unit for greatly increased income. All Appliances Stay. Owner says DO NOT DISTURB RESIDENTS, Will show inside with acceptable offer to Purchase. Great First Time Buyer/Investor Opportunity. Please use Snohomish Escrow.

Additional Information

List Date
2019-06-04 00:00:00
Community
Pinehurst
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1941
Total Parking
4
Uncovered Parking
4
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
Lot Details
Paved Street
School District
Seattle
Total Monthly Income
$2,495
Gross Scheduled Income
$29,940
Vacancy Rate
2
Gross Adjusted Income
$29,341
Annual Taxes
$4,280
Tax Year
2019
Insurance Expense
$1,200
W/S/G Expenses
$1,686
Total Expenses
$7,166
Net Operating Income
$22,175
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
400
Unit 1 Rent
$1,250
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
400
Unit 2 Rent
$1,200
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