125 29th Avenue, Seattle, WA 98122

$1,500,000

Listing courtesy of Realogics Sotheby's Int'l Rlty.

List Price
$1,500,000
Status
PENDING BU REQUESTED
MLS#
1808878
Days on Market
16
Style
52 - Duplex
Area Total SqFt
2560
Lot Size (sq ft)
7,500

Property Description

Incredible opportunity to own a great investment property located in Leschi surrounded by beautiful 4 square and historic homes. The property has had only 1 owner and this is the first time on the market! Both units have beautiful hardwood floors on the main level with a full bath, kitchen with an eating space and 1 bedroom. Lower levels have 2 bedrooms, 1 is huge with a giant walk in closet. Plus a utility and storage room area with the washer and dryer, furnace and tons of space for storage. There is a back door that opens up to a large yard and parking for 4 plus cars. All double pane windows throughout. Great location, close to downtown and Leschi, 5 minute drive to Leschi Market and Lake Washington Blvd.

Additional Information

List Date
2021-07-14 00:00:00
Community
Madrona
Potential Terms
Cash Out, Conventional
Year Built
1944
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,790
Gross Scheduled Income
$57,480
Gross Adjusted Income
$57,480
Tax Year
2021
Insurance Expense
$1,032
Total Expenses
$11,886
Net Operating Income
$45,594
Gross Rent Multiplier
26
Cap Rate
3
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