3051 30th Avenue W, Seattle, WA 98199

$2,750,000
3,240
SqFt

Listing courtesy of Windermere Real Estate/FN.

List Price
$2,750,000
Status
ACTIVE
MLS#
1976499
Days on Market
8
Style
52 - Duplex
Finished SqFt
3,240
Area Total SqFt
3240
Lot Size (sq ft)
12,876

Property Description

(This is double listed as vacant land)These two duplexes are located on adjacent lots and are being sold together (3051-3053 30th Ave W and 3057-3059 30th Ave W). With just under 13,000 sq. ft. of L-1 zoned land between the two lots and access from the street in front and alley at the rear there are great development possibilities. Currently only three units are rented. The fourth was undergoing renovation when the seller decided to sell. The north end of the property is next to an undeveloped street right of way (West Dravus St.) Showing units by appointment only. Please do not disturb tenants.

Additional Information

List Date
2022-08-01 21:57:10
Community
Magnolia
Potential Terms
Cash Out, Conventional
Year Built
1945
View
Territorial
Roof
Composition
Site Features
Gas Available, Patio
Heating/Cooling Type
Forced Air, Stove/Free Standing, Wall
Electric Expenses
146
Other Expenses
2405
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$62,940
Gross Scheduled Income
$62,940
Vacancy Rate
30
Gross Adjusted Income
$40,528
Tax Year
2022
Insurance Expense
$1,611
W/S/G Expenses
$3,194
Total Expenses
$22,412
Net Operating Income
$40,528
Gross Rent Multiplier
39.7
Cap Rate
1.6
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