1002 E Mercer Street, Seattle, WA 98102

$900,000
2,890
SqFt

Listing courtesy of Realogics Sotheby's Int'l Rlty. Selling Office: Pellego, Inc..

Sold Price
$900,000
List Price
$875,000
Status
SOLD
MLS#
1855479
Closing Date
Nov 05, 2021
Days on Market
3
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,890
Area Total SqFt
2890
Lot Size (sq ft)
2,206

Property Description

Rare opportunity in this LR3(M) duplex, just steps from Broadway's quaint northernmost strip. Nestled on tree lined street amongst historical Anhalts and distinctive condos & townhomes, this charming corner-lot Foursquare has always been a desirable rental, rarely vacant. 93 walk score means no car needed. Walk to some of the hippest bars & restaurants, quaint coffee shops and quirkiest indie shops in town! Volunteer Park, Seattle/Asian Art Musuem, Cornish, Seattle Central, Seattle U and light rail station are all just blocks away. High-density urban neighborhood = great upside potenital. Live in one unit as you renovate the other. Improve units & increase rents? Add add'l units? Airbnb anyone? So many possibilities, must see to appreciate!

Additional Information

List Date
2021-11-02 00:00:00
Community
Capitol Hill
Potential Terms
Cash Out, Conventional
Year Built
1910
Roof
Composition
Site Features
Deck, Fenced-Fully, Patio
Heating/Cooling Type
Forced Air
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Vacancy Rate
2
Gross Adjusted Income
$30,658
Tax Year
2021
Insurance Expense
$800
W/S/G Expenses
$3,600
Total Expenses
$13,742
Net Operating Income
$30,658
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