3115 Queen Anne Avenue N, Seattle, WA 98109

$885,000
1,440
SqFt

Listing courtesy of Realogics Sotheby's Int'l Rlty.

List Price
$885,000
Status
ACTIVE
MLS#
2027751
Days on Market
15
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,440
Area Total SqFt
1440
Annual Tax Ammount
6223
Lot Size (sq ft)
3,000
Sewer
Sewer Connected

Property Description

Wonderful Investment or development site!!! Bring your creative development team, or rent it out for additional rental income or move in as is, many possibilities with this desirable location. Both units have been refreshed and updated, they are move in ready. This Queen Anne Duplex has close proximity to SPU, UW, S Lake Union and Downtown Seattle Tech Hub. Current rents are well below market and it had no vacancy in the last few years. It's truly a gem in the City!!!

Additional Information

List Date
2023-01-21 20:25:10
Community
Queen Anne
Net Operating Income
$20,535
Gross Adjusted Income
$20,535
Gross Scheduled Income
$27,600
Total Monthly Income
$2,300
Insurance Expenses
$842
Gross Rent Multiplier
32
Total Expenses
$7,065
Cap Rate
2.3
Total Number of Units
2
Unit Name
3115
Potential Terms
Cash Out, Conventional
Year Built
1905
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet
Heating/Cooling Type
Baseboard
Energy Source
Electric
School District
Seattle
Total Monthly Income
$2,300
Gross Scheduled Income
$27,600
Gross Adjusted Income
$20,535
Tax Year
2022
Insurance Expense
$842
Total Expenses
$7,065
Net Operating Income
$20,535
Gross Rent Multiplier
32
Cap Rate
2.3
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