10350 Interlake Avenue N, Seattle, WA 98133

$889,000
1,920
SqFt

Listing courtesy of Windermere R E Mount Baker.

List Price
$889,000
Status
ACTIVE
MLS#
2286413
Days on Market
10
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
5758
Lot Size (sq ft)
4,400
Sewer
Sewer Connected

Property Description

Fabulous turn-key duplex in North Seattle! Great for owner-occupant or investor. Well maintained spacious midcentury construction - each unit is 960 sq ft with huge living/dining room, 2 bedrooms and 1 full bath. Updated windows and fresh carpet throughout. Upper unit kitchen remodeled with newer cabinets and appliances. Zoned LR2 with great potential for future development, or keep existing building and short plat the rear of the lot as nearby properties have done. Upper unit currently leased for $2130/month. Lower unit, with covered patio and quaint outdoor spaces easily would rent for the same or more. Offstreet parking for 3 cars plus a single car detached garage. Close to rapid ride and Northgate Link lightrail.

Additional Information

List Date
2024-09-05 14:48:08
Community
Northgate
Net Operating Income
$41,650
Gross Adjusted Income
$54,000
Gross Scheduled Income
$54,000
Total Monthly Income
$4,500
Insurance Expenses
$792
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
16.46
Total Expenses
$12,350
Cap Rate
4.5
Total Number of Units
2
Unit Name
10350
Potential Terms
Cash Out, Conventional
Year Built
1965
View
Territorial
Roof
Flat
Site Features
Cable TV, Dog Run, High Speed Internet, Outbuildings, Patio
Other Expenses
4000
Energy Source
Electric
School District
Seattle
Total Monthly Income
$4,500
Gross Scheduled Income
$54,000
Gross Adjusted Income
$54,000
Tax Year
2024
Insurance Expense
$792
W/S/G Expenses
$1,800
Total Expenses
$12,350
Net Operating Income
$41,650
Gross Rent Multiplier
16.46
Cap Rate
4.5
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