4422 Latona Ave NE, Seattle, WA 98105

$999,000
2,731
SqFt

Listing courtesy of MLS4owners.com.

List Price
$999,000
Status
PENDING
MLS#
1604997
Days on Market
15
Style
52 - Duplex
Finished SqFt
2,731
Lot Size (sq ft)
3,825

Property Description

Easy cash flow duplex or owner/user on the razor's edge. Light rail opens next year, bus stop across the street, and walk to UW. Main 4-BR has been owner occupied and has a market rent of $3,500/month. The 2-BR apartment is leased at $1,475, which is below market and tenants will vacate in June. Updates include new comp roof, kitchen, renovated basement, furnace, etc.

Additional Information

List Date
2020-05-21 00:00:00
Community
Wallingford
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional, FHA, USDA, VA
Year Built
1909
View
City
Exterior
See Remarks
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet, Outbuildings
School District
Seattle
Total Monthly Income
$4,975
Gross Scheduled Income
$59,700
Gross Adjusted Income
$59,700
Annual Taxes
$7,732
Tax Year
2019
Insurance Expense
$700
W/S/G Expenses
$3,658
Total Expenses
$12,090
Net Operating Income
$47,610
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
2.00
Unit 1 Size
1831
Unit 1 Rent
$3,500
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
900
Unit 2 Rent
$1,475
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