2115 E Pine Street, Seattle, WA 98122

$875,000
1,800
SqFt

Listing courtesy of Bushwick.

List Price
$875,000
Status
PENDING INSPECTION
MLS#
2198290
Days on Market
10
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
6846
Internet Provider
Comcast/Wave
Lot Size (sq ft)
2,255
Sewer
Available

Property Description

Amazing opportunity for investor or owner-occupied duplex in Capitol Hill. Craftsman-style home currently configured as a legal duplex with a 3-bedroom, 1 bath, 1,200 sf unit on main floor and a 550 sf studio upstairs. Main floor is vacant, studio has a cooperative tenant. Live in one side and rent out the other with new 5% down FHA program, rent out both sides, or convert to a single-family home. Maintenance-free with new building envelope: new roof, new siding and new exterior paint. Plenty of street parking and walkable to everything with a Walkscore 90. Full financials available.

Additional Information

List Date
2024-02-20 02:44:10
Community
Capitol Hill
Net Operating Income
$42,063
Gross Adjusted Income
$54,708
Gross Scheduled Income
$58,648
Total Monthly Income
$4,200
Insurance Expenses
$850
Water/Sewer/Garbage Expenses
$1,175
Gross Rent Multiplier
21
Total Expenses
$16,551
Cap Rate
4.8
Vacancy Rate
3
Total Number of Units
2
Unit Name
2115
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1905
View
City, Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Gas Available
Electric Expenses
713
Other Expenses
6255
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,200
Gross Scheduled Income
$58,648
Vacancy Rate
3
Gross Adjusted Income
$54,708
Tax Year
2023
Insurance Expense
$850
W/S/G Expenses
$1,175
Total Expenses
$16,551
Net Operating Income
$42,063
Gross Rent Multiplier
21
Cap Rate
4.8
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