920 N 92nd Street, Seattle, WA 98103

$899,000
2,600
SqFt

Listing courtesy of Best Choice Realty.

List Price
$899,000
Status
ACTIVE
MLS#
2069190
Days on Market
8
Style
52 - Duplex
Finished SqFt
2,600
Area Total SqFt
2600
Annual Tax Ammount
6879
Lot Size (sq ft)
5,060
Sewer
Sewer Connected
Offer Review Date
2023-05-30

Property Description

Opportunities are endless in this fully updated, legal duplex with ADU in historical N Ballard on a very secluded, quiet st. (access via Linden only) 1-Live on main and rent others. 2-Rent all and make $7000 3-Develop and build on this flat LR 2 Zone no trees lot. Townhouses or apartment buildings up to 40 ft - 4 stories with city views from the future rooftop. No density limit. Live and rent while waiting for permits. Fresh paint and new floors. Each unit has 2 beds, 1 bath, W/D, living room, separate coded entrance, fully fenced dedicated backyard. Successful short and long-term rental history. 8 assigned parking spots and plenty on the street. Close to I-99 and I-5, Northgate station, Green Lake, L. Rail station coming up!

Additional Information

List Date
2023-05-21 18:01:14
Community
Greenwood
Net Operating Income
$64,753
Gross Adjusted Income
$64,753
Gross Scheduled Income
$79,080
Total Monthly Income
$6,750
Insurance Expenses
$1,005
Water/Sewer/Garbage Expenses
$2,465
Gross Rent Multiplier
14
Total Expenses
$14,327
Cap Rate
7
Total Number of Units
3
Unit Name
920
Potential Terms
Cash Out, Conventional
Year Built
1926
View
City, Partial, Territorial
Roof
Composition
Site Features
Fenced-Fully, Gas Available, Patio, RV Parking
Electric Expenses
1538
Energy Source
Electric
School District
Seattle
Total Monthly Income
$6,750
Gross Scheduled Income
$79,080
Gross Adjusted Income
$64,753
Tax Year
2021
Insurance Expense
$1,005
W/S/G Expenses
$2,465
Total Expenses
$14,327
Net Operating Income
$64,753
Gross Rent Multiplier
14
Cap Rate
7
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