810 N 48th Street, Seattle, WA 98103
- $800,000
- 1,600
- SqFt
Listing courtesy of Windermere RE Greenwood.
- List Price
- $800,000
- Status
- PENDING INSPECTION
- MLS#
- 2286207
- Days on Market
- 10
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,600
- Area Total SqFt
- 1600
- Annual Tax Ammount
- 13840
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-09-09
Property Description
Calling all investors and builders! Located in the sought-after Fremont neighborhood, this solid 1950 brick duplex is zoned LR2 and offers many options as investment property, townhouse development site, or owner occupied. The front unit features 2 bed/1.5 baths, hardwood floors, good natural light, and patio. The back unit is 2/1, very private, and includes a fenced back yard + patio. Both homes have in-unit W/D. As a development site, the 5,000 sf LR2 lot (50x100) is mostly level and elevated off street for privacy + territorial views. Nearby townhomes have sold for $1.2M+ range. Fremont is a convenient and hip neighborhood w/ amazing local shops, restaurants, cafes. Close to parks, Green Lake, freeways, SLU, Google campus, and more.
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Additional Information
- List Date
- 2024-09-05 13:08:08
- Community
- Fremont
- Net Operating Income
- $34,094
- Gross Adjusted Income
- $51,216
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $4,400
- Insurance Expenses
- $730
- Water/Sewer/Garbage Expenses
- $2,462
- Gross Rent Multiplier
- 15.1
- Total Expenses
- $17,122
- Cap Rate
- 4.3
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 810
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1950
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Other Expenses
- 90
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Bf Day
- Middle School
- Hamilton Mid
- High School
- Lincoln High
- Total Monthly Income
- $4,400
- Gross Scheduled Income
- $52,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $51,216
- Tax Year
- 2024
- Insurance Expense
- $730
- W/S/G Expenses
- $2,462
- Total Expenses
- $17,122
- Net Operating Income
- $34,094
- Gross Rent Multiplier
- 15.1
- Cap Rate
- 4.3
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