20327 14th Ave NE, Shoreline, WA 98155

$545,000
1,750
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$545,000
Status
ACTIVE
MLS#
1538477
Days on Market
13
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
1,750
Lot Size (sq ft)
6,750

Property Description

Well maintained Shoreline Duplex on large multi family lot. Both upper and lower units have had updates over the past several years, Upper unit features large Bay window that lets in tons of light, wood burning fireplace and insulated windows. Lower unit has fireplace and insulated windows. 30 year Roof approx 8 years old Exterior waterline replaced. Large lot zoned RM 24 allows for 4 units providing an opportunity to build in the future.

Additional Information

List Date
2019-11-05 00:00:00
Community
Shoreline
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1951
Total Parking
3
Uncovered Parking
3
Exterior
Metal/Vinyl, Wood Products
Roof
Composition
School District
Shoreline
Total Monthly Income
$3,050
Gross Scheduled Income
$36,600
Vacancy Rate
3
Gross Adjusted Income
$27,095
Annual Taxes
$5,207
Tax Year
2019
Insurance Expense
$900
W/S/G Expenses
$2,300
Total Expenses
$8,407
Net Operating Income
$27,095
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
900
Unit 1 Rent
$1,600
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
850
Unit 2 Rent
$850
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