5711 18th Avenue NE, Seattle, WA 98105

$1,745,000
2,945
SqFt

Listing courtesy of Windermere Real Estate Co..

List Price
$1,745,000
Status
ACTIVE
MLS#
2237917
Days on Market
5
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,945
Area Total SqFt
2945
Annual Tax Ammount
9629
Internet Provider
Xfinity
Lot Size (sq ft)
4,320
Sewer
Sewer Connected
Offer Review Date
2024-05-21

Property Description

Welcome home to this lovely 1906 Craftsman in a quiet, friendly neighborhood just steps from Ravenna Park! Light rail, Whole Foods, UW and U-Village are all an easy stroll from here. Visit with passers-by on the perfectly perched covered front porch. Suffused with natural light from plenty of windows, the main floor features high ceilings, hardwood floors and a generous kitchen with French doors to the back deck making it perfect for indoor-outdoor living. Fantastic back yard with raised garden beds. Upstairs you’ll find a well-appointed 1 bedroom + den ADU apartment with heat pump (AC!) The detached workshop/garage offers a wealth of possibilities and has a flat roof perfect for container gardening. New roof!

Additional Information

List Date
2024-05-15 00:25:09
Community
Ravenna
Net Operating Income
$64,199
Gross Adjusted Income
$75,660
Gross Scheduled Income
$78,000
Total Monthly Income
$6,500
Insurance Expenses
$1,832
Gross Rent Multiplier
23
Total Expenses
$11,461
Cap Rate
3.7
Vacancy Rate
3
Total Number of Units
2
Unit Name
5711
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1906
Roof
Composition
Site Features
Deck, Fenced-Fully, Fenced-Partially, Gas Available, High Speed Internet
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$6,500
Gross Scheduled Income
$78,000
Vacancy Rate
3
Gross Adjusted Income
$75,660
Tax Year
2023
Insurance Expense
$1,832
Total Expenses
$11,461
Net Operating Income
$64,199
Gross Rent Multiplier
23
Cap Rate
3.7
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