2419 W Lynn Street, Seattle, WA 98199
- $1,135,000
- 2,300
- SqFt
Listing courtesy of Real Property Associates.
- List Price
- $1,135,000
- Status
- ACTIVE
- MLS#
- 2287168
- Days on Market
- 92
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,300
- Area Total SqFt
- 2300
- Annual Tax Ammount
- 9652
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,000
- Sewer
- Septic Tank
Property Description
Rare opportunity in Magnolia. Legal duplex on quiet dead-end street. Both units would make a terrific owner's unit. Or rent both as a long term investment. Easy Access on and off the hill. 15 Minutes to downtown Seattle, 10 minutes to Ballard. Each units has 2 bedrooms and one full 1 bath. Both include with a wood burning fireplace, full sized washer-dryer and extensive storage. 1 car garage and 2 off-street parking spots. Fully fenced 6000 square foot lot with ample privacy and established foliage. Just a 1/2 mile and a 15 walk to Magnolia Village. 2 blocks to Ella Bailey Park and Magnolia Elementary. A 10 minute drive to downtown Seattle or Ballard proper.
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Additional Information
- List Date
- 2024-06-15 19:03:09
- Community
- Magnolia
- Net Operating Income
- $48,528
- Gross Adjusted Income
- $62,080
- Gross Scheduled Income
- $64,000
- Total Monthly Income
- $5,400
- Insurance Expenses
- $1,400
- Gross Rent Multiplier
- 17.73
- Total Expenses
- $13,552
- Cap Rate
- 4.27
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 2419
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1952
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Patio
- Other Expenses
- 2500
- Energy Source
- Natural Gas
- School District
- Seattle
- Elementary School
- Magnolia Elementary
- Middle School
- Mc Clure Mid
- High School
- Ballard High
- Total Monthly Income
- $5,400
- Gross Scheduled Income
- $64,000
- Vacancy Rate
- 3
- Gross Adjusted Income
- $62,080
- Tax Year
- 2023
- Insurance Expense
- $1,400
- Total Expenses
- $13,552
- Net Operating Income
- $48,528
- Gross Rent Multiplier
- 17.73
- Cap Rate
- 4.27
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