1011 E Mercer Street, Seattle, WA 98102

$1,250,000
1,720
SqFt

Listing courtesy of eXp Realty.

List Price
$1,250,000
Status
ACTIVE
MLS#
2072109
Days on Market
4
Style
52 - Duplex
Finished SqFt
1,720
Area Total SqFt
1720
Annual Tax Ammount
7697
Lot Size (sq ft)
1,662
Sewer
Sewer Connected

Property Description

Better than townhome -- 4 off-street parking spots! NEWLY updated duplex. Steps to everything! Attractive with high-end and quality finishes; recently remodeled kitchens; quartz counters, SS appliances, soft close cabinets & open shelving, new energy efficient windows allow for tons of natural light, attractive luxury quality bathrooms, new LVP flooring & new paint. Cute balconies, full 2-car garage (+2 more off-street parking spots). Quiet residential neighborhood of prime North Capitol Hill make this an amazing find. Short walk to Volunteer Park, grocery, restaurants, shops etc. Steps to Light Rail. Walker's Paradise -- Walk Score: 96! Turnkey rental, Airbnb or owner occupant. Garage is a rare find (AND possible conversion to 3rd unit).

Additional Information

List Date
2023-05-25 01:07:09
Community
Capitol Hill
Net Operating Income
$57,447
Gross Adjusted Income
$68,208
Gross Scheduled Income
$70,800
Total Monthly Income
$5,800
Insurance Expenses
$659
Water/Sewer/Garbage Expenses
$2,140
Gross Rent Multiplier
17.4
Total Expenses
$10,761
Cap Rate
4.8
Vacancy Rate
2
Total Number of Units
2
Unit Name
1011
Potential Terms
Cash Out, Conventional
Year Built
1987
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Electric Expenses
265
Energy Source
Electric
School District
Seattle
Total Monthly Income
$5,800
Gross Scheduled Income
$70,800
Vacancy Rate
2
Gross Adjusted Income
$68,208
Tax Year
2023
Insurance Expense
$659
W/S/G Expenses
$2,140
Total Expenses
$10,761
Net Operating Income
$57,447
Gross Rent Multiplier
17.4
Cap Rate
4.8
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