5539 13th Avenue S, Seattle, WA 98108
- $1,150,000
- 3,150
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2067261
- Days on Market
- 10
- Style
- 52 - Duplex
- Finished SqFt
- 3,150
- Area Total SqFt
- 3150
- Annual Tax Ammount
- 5534
- Lot Size (sq ft)
- 6,562
- Sewer
- Sewer Connected
Property Description
Great income potential Triplex! Located in a prime location across from Grover Cleveland high school Playfield & up the hill from historic Georgtown! Easy access to I-5 and just minutes from downtown Seattle. Purchase includes neighboring lot which currently has a 2 bed 1 bath unit. Tear down and build with the pre-permitted plans for a 3 story single family home, although these lots have so much more potential due to multifamily zoning, the Primary lot is an up/down duplex with each unit having a 3-bedroom, full bath, and powder room all appliances stay. All units have been fully updated and ready for new tenants. Current rent is well below comparable rates and only unit C is on a lease agreement until December. Come look at this goldmine!
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Additional Information
- List Date
- 2023-05-19 22:12:30
- Community
- Beacon Hill
- Net Operating Income
- $17,505
- Gross Adjusted Income
- $90,152
- Gross Scheduled Income
- $114,000
- Total Monthly Income
- $2,000
- Insurance Expenses
- $961
- Water/Sewer/Garbage Expenses
- $11,530
- Gross Rent Multiplier
- 10
- Total Expenses
- $23,848
- Cap Rate
- 10
- Vacancy Rate
- 67
- Total Number of Units
- 3
- Unit Name
- 5539
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 1960
- View
- See Remarks
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings
- Electric Expenses
- 5823
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,000
- Gross Scheduled Income
- $114,000
- Vacancy Rate
- 67
- Gross Adjusted Income
- $90,152
- Tax Year
- 2022
- Insurance Expense
- $961
- W/S/G Expenses
- $11,530
- Total Expenses
- $23,848
- Net Operating Income
- $17,505
- Gross Rent Multiplier
- 10
- Cap Rate
- 10
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