2605 4th Avenue N, Seattle, WA 98109

$700,000
1,600
SqFt

Listing courtesy of The Joseph Group.

List Price
$700,000
Status
PENDING
MLS#
2260482
Days on Market
15
Style
52 - Duplex
Finished SqFt
1,600
Area Total SqFt
1600
Annual Tax Ammount
6346
Lot Size (sq ft)
3,237
Sewer
Sewer Connected
Offer Review Date
2024-07-12

Property Description

Welcome to 2605 4th Ave N Seattle, WA 98109, a corner lot duplex in the heart of Queen Anne. Enjoy consistent rent roll from established residents & watch the city continue to grow around you! Each unit is 2 bedrooms 1 bathroom w/ quality updates. Upstairs boasts sun soaked windows, original hardwoods, spacious living room, & chef's kitchen. Downstairs features LVP flooring, 2 large bedrooms, & cozy, yet functional, kitchen. Each unit has its own washer/Dryer, community yard, storage, updated instant hot water heaters & forced air heating. Zoned for multifamily, commercial, or resident the possibilities are endless for House-hack, Buy & hold, BRRRR. Don't miss your chance to secure a part of Queen Anne at an entry level price-point.

Additional Information

List Date
2024-07-10 00:32:10
Community
Queen Anne
Net Operating Income
$29,400
Gross Adjusted Income
$40,200
Gross Scheduled Income
$40,200
Total Monthly Income
$3,350
Insurance Expenses
$1,304
Water/Sewer/Garbage Expenses
$3,150
Gross Rent Multiplier
17.41
Total Expenses
$10,800
Cap Rate
4.2
Total Number of Units
2
Unit Name
2605
Potential Terms
Cash Out, Conventional, Owner Financing
Year Built
1937
View
City
Roof
Composition
Site Features
Fenced-Partially, Gas Available
Energy Source
Electric
School District
Seattle
Total Monthly Income
$3,350
Gross Scheduled Income
$40,200
Gross Adjusted Income
$40,200
Tax Year
2024
Insurance Expense
$1,304
W/S/G Expenses
$3,150
Total Expenses
$10,800
Net Operating Income
$29,400
Gross Rent Multiplier
17.41
Cap Rate
4.2
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks