4755 Sand Point Wy NE, Seattle, WA 98105

$869,950

Listing courtesy of Windermere Real Estate Co..

List Price
$869,950
Status
PENDING INSPECTION
MLS#
1479830
Days on Market
16
Style
52 - Duplex
Lot Size (sq ft)
1,940

Property Description

This charming Duplex has unlimited potential for a great value add Duplex. Close to the UW, Children's, the U Village and many other great places in NE Seattle make this a very rentable apartment complex. Currently the rents expire in Feb and March of 2020, so plenty of time to get your plans lined up for the LR3 zoned lot, or keep it as is. This complex could easily be renovated to increase the rents substantially or get your plans together and put a new set of row homes on Sand Point Way.

Additional Information

List Date
2019-06-27 00:00:00
Community
Laurelhurst
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1970
Total Parking
4
Uncovered Parking
2
Exterior
Brick, Stucco, Wood Products
Roof
Torch Down
School District
Seattle
Elementary School
Laurelhurst
Middle School
Eckstein Mid
High School
Roosevelt High
Gross Scheduled Income
$41,030
Gross Adjusted Income
$44,962
Annual Taxes
$6,474
Tax Year
2018
W/S/G Expenses
$1,501
Total Expenses
$13,754
Net Operating Income
$31,208
Gross Rent Multiplier
19
Cap Rate
3

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.75
Unit 1 Size
1030
Unit 1 Rent
$1,595
Unit 2 Beds
2
Unit 2 Baths
1.75
Unit 2 Size
1030
Unit 2 Rent
$1,695
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