4313 4th Avenue NW, Seattle, WA 98107

$875,000

Listing courtesy of The Foundation Group LLC.

List Price
$875,000
Status
PENDING INSPECTION
MLS#
1811142
Days on Market
3
Style
52 - Duplex
Building Condition
Very Good
Area Total SqFt
2050
Lot Size (sq ft)
3,750

Property Description

Fremont Duplex! This charming property offers two large 2bed/1bath units at 1,025sf. Each apartment has in-unit washer & dryer, one storage unit, one covered parking space and one off-street parking space. Beautiful peak-a-boo views of the Cascade Mountain range from the top floor and is directly across the street from Ross Park. The tenants pay the utilities as there is currently a bill-back system in place for the water, sewer, and garbage. This is a perfect fit for an owner-user for a low downpayment or an investor to add to their portfolio.

Additional Information

List Date
2021-07-20 00:00:00
Community
Fremont
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1976
Roof
Composition
Site Features
Fenced-Partially
School District
Seattle
Total Monthly Income
$4,508
Gross Scheduled Income
$54,096
Gross Adjusted Income
$54,096
Tax Year
2021
Insurance Expense
$1,062
W/S/G Expenses
$3,695
Total Expenses
$11,327
Net Operating Income
$42,769
Gross Rent Multiplier
16
Cap Rate
4
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