658 NW 50th Street, Seattle, WA 98107

$899,000
2,700
SqFt

Listing courtesy of Windermere Real Estate Midtown.

List Price
$899,000
Status
ACTIVE
MLS#
1955858
Days on Market
10
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,700
Area Total SqFt
2700
Lot Size (sq ft)
4,300

Property Description

A bright and cheery duplex sits on a Southwest corner lot in Ballard. This large side-by-side duplex presents the perfect opportunity for an investor or owner occupant. Each unit is 1,335 sf w/main flr & lower level. Facing West, unit at 5004 8th Ave NW has 3 beds & 1.75 baths (2 beds/1 ba on main & 1 bed/bath lower), eat-in-kitchen w/media rm, laundry & storage in lower level and generous fenced yard. Unit at 658 NW 50th St is facing South & West has 2 beds/1 bath (1 bed on ea flr) & dining area in kitchen w/media rm, laundry & storage in lower level. Recent updates in unit 658 are newer fridge, blinds & carpet. Separate water heaters, furnaces, electrical & gas meters. Stroll down to the beer brewing mecca of Ballard & enjoy a pint.

Additional Information

List Date
2022-06-24 01:16:09
Community
Ballard
Potential Terms
Cash Out, Conventional
Year Built
1947
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available
Heating/Cooling Type
Baseboard, Forced Air
Other Expenses
2047
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Total Monthly Income
$3,850
Gross Scheduled Income
$46,200
Gross Adjusted Income
$46,200
Tax Year
2022
Insurance Expense
$1,100
W/S/G Expenses
$3,831
Total Expenses
$14,507
Net Operating Income
$31,693
Gross Rent Multiplier
19.45
Cap Rate
3.5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks