130 23rd Ave E, Seattle, WA 98112

$875,000
2,460
SqFt

Listing courtesy of John L. Scott Des Moines.

List Price
$875,000
Status
ACTIVE
MLS#
1662454
Days on Market
18
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,460
Lot Size (sq ft)
2,600

Property Description

Spacious duplex with LR3 zoning on Capitol Hill/Madison Valley offers potential buyers immediate income streams and future redevelopment opportunity. Convenient location with 89 walk score, short commute to downtown Seattle, UW and Huskies Stadium. Upper unit consists of main & upper floor with 4Br/1Ba. Lower unit has 2Br/1Ba. Current zoning allows the possibility of 5 new units. 40’ by 65’ site is mostly level with potential Cascades, city and Lake WA views at rooftop deck elevation.

Additional Information

List Date
2020-09-11 00:00:00
Community
Capitol Hill
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1903
View
Lake, Mountain, Partial, Territorial
Exterior
Cement/Concrete, Wood
Roof
Composition
Lot Details
Curbs, Paved Street, Sidewalk, Value In Land
School District
Seattle
Elementary School
Mc Gilvra
Middle School
Meany Mid
High School
Garfield High
Total Monthly Income
$32,700
Gross Scheduled Income
$32,700
Vacancy Rate
7
Gross Adjusted Income
$30,500
Annual Taxes
$5,403
Tax Year
2019
Insurance Expense
$1,239
W/S/G Expenses
$3,146
Total Expenses
$19,770
Net Operating Income
$10,730
Gross Rent Multiplier
27
Cap Rate
1

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
1.00
Unit 1 Size
1400
Unit 1 Rent
$1,575
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1060
Unit 2 Rent
$1,150
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