3103 E Thomas Street Unit #3105, Seattle, WA 98112

$1,125,000
2,660
SqFt

Listing courtesy of Keller Williams North Seattle.

List Price
$1,125,000
Status
PENDING INSPECTION
MLS#
1876478
Days on Market
19
Style
52 - Duplex
Finished SqFt
2,660
Area Total SqFt
2660
Lot Size (sq ft)
6,000

Property Description

Twin home style duplex in amazing Madison Valley neighborhood! Rents below market, offering an investor plenty of upside with long-term or short term renters. Current owner replaced roof and sewer line to the city main. Corner lot and walkable to Madison Valley restaurants, shops, and businesses. Each unit is 2 BR, 1.5 Bath, hardwood floors on main level, partially finished basement, and yard. Long term rental history. Development potential, buyer to verify.

Additional Information

List Date
2022-01-07 18:40:10
Community
Madison Valley
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1944
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Patio
Heating/Cooling Type
Forced Air
Other Expenses
3000
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Vacancy Rate
3
Gross Adjusted Income
$58,200
Tax Year
2021
Insurance Expense
$1,400
W/S/G Expenses
$3,200
Total Expenses
$15,694
Net Operating Income
$42,405
Gross Rent Multiplier
18.33
Cap Rate
3.8
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