108 NE 61st Street, Seattle, WA 98115

$848,800
2,800
SqFt

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Listing Broker: Wilson Realty Exchange, Inc.; Charles A. Carosella; 206-715-2203; charlescarosella@gmail.com

List Price
$848,800
Status
ACTIVE
MLS#
2587507
Days on Market
0
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,800
Area Total SqFt
2800
Annual Tax Ammount
10500
Lot Size (sq ft)
4,590
Sewer
Sewer Connected

Property Description

A classic turn of the century home in the Greenlake neighborhood. Main floor still retains the old world charm with a formal dining room and box beamed ceiling. Leaded glass windows, hardwood floors and a wood burning fireplace for added comfort, warmth and ambience. A large country style kitchen with plenty of room for cooks. The grand porch spans the entire width of the home is a great place to relax for the evening or to enjoy the morning cup of coffee. The upstairs is a cozy 1 bedroom 3/4 bath apartment. You could convert it back to a full single family home or use the income to offset the mortgage. There is a full basement waiting to be finished with a shared washer\dryer. With an alley access there is the possibility of building a DADU to increase income or create more flexible living arrangements.

Additional Information

List Date
2026-10-01 20:08:16
Community
Green Lake
Net Operating Income
$35,392
Gross Adjusted Income
$49,392
Gross Scheduled Income
$50,400
Total Monthly Income
$4,200
Insurance Expenses
$3,500
Gross Rent Multiplier
16.5
Total Expenses
$14,000
Cap Rate
4.2
Vacancy Rate
2
Total Number of Units
2
Unit Name
108
Potential Terms
Cash, Conventional
Year Built
1913
Roof
Composition
Site Features
Gas Available
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$4,200
Gross Scheduled Income
$50,400
Vacancy Rate
2
Gross Adjusted Income
$49,392
Tax Year
2026
Insurance Expense
$3,500
Total Expenses
$14,000
Net Operating Income
$35,392
Gross Rent Multiplier
16.5
Cap Rate
4.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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