176 25th Ave, Seattle, WA 98122
- $1,175,000
- 3,120
- SqFt
Listing courtesy of Sound Realty Group Inc.
- List Price
- $1,175,000
- Status
- ACTIVE
- MLS#
- 1729356
- Days on Market
- 9
- Style
- 52 - Duplex
- Building Condition
- ['Good']
- Finished SqFt
- 3,120
- Lot Size (sq ft)
- 4,500
Property Description
Beautifully renovated 3,120 SqFt Central District home. Currently setup as a duplex; upper unit is 4bed/3bath and currently occupied and renting for $4300/ month. The lower unit is permitted with 3bed/2bath, recently updated with new egress windows, paint, and cosmetic finishes; left vacant for viewing (market rent is around $3250). Studs-out remodel throughout with new kitchens, plumbing, heating, electrical, flooring, etc. Roof and windows less than 4 years old. Offered at a 6.25% Cap Rate Investment: low maintenance and HIGH CASH FLOW. Backyard is fully fenced. Walking distance to schools, parks, shopping and more.
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Additional Information
- List Date
- 2021-02-19 00:00:00
- Community
- Central Area
- Property Type
- MULT
- Units
- 2
- Stories
- 2
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1907
- Total Parking
- 2
- Uncovered Parking
- 2
- Exterior
- Metal/Vinyl
- Roof
- Composition
- Site Features
- Deck, Dog Run, Fenced-Fully, Patio
- Lot Details
- Paved Street, Sidewalk
- School District
- Seattle
- Total Monthly Income
- $7,550
- Gross Scheduled Income
- $90,600
- Vacancy Rate
- 2
- Gross Adjusted Income
- $88,788
- Annual Taxes
- $6,947
- Tax Year
- 2020
- Insurance Expense
- $800
- W/S/G Expenses
- $4,100
- Total Expenses
- $15,553
- Net Operating Income
- $73,235
- Gross Rent Multiplier
- 12
- Cap Rate
- 6
Room Dimensions
- Unit 1 Beds
- 4
- Unit 1 Baths
- 3.00
- Unit 1 Size
- 2174
- Unit 1 Rent
- $4,500
- Unit 2 Beds
- 3
- Unit 2 Baths
- 2.00
- Unit 2 Size
- 1000
- Unit 2 Rent
- $3,250
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