8553 Interlake Avenue N, Seattle, WA 98103
- $1,125,000
- 1,720
- SqFt
Listing courtesy of Champions Real Estate Services. Selling Office: Compass Washington.
- Sold Price
- $1,125,000
- List Price
- $1,100,000
- Status
- SOLD
- MLS#
- 1294466
- Closing Date
- Jul 24, 2018
- Days on Market
- 11
- Style
- 52 - Duplex
- Building Condition
- Fair
- Finished SqFt
- 1,720
- Area Total SqFt
- 1720
- Annual Tax Ammount
- 4986
- Lot Size (sq ft)
- 5,125
- Sewer
- Sewer Connected
- Offer Review Date
- 2018-05-22
Property Description
Attention Builders, Investors and Developers! This 2-Story duplex has enormous potential with huge 5,125 square foot lot. This is the last one on this block, a hard-to-find older duplex that sits surrounded by blocks of newer townhomes. Multi-family zoning (LR2) offers rare building opportunity for multi-family units. (Buyer to verify) Value is in the land.
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Additional Information
- List Date
- 2018-07-13 00:00:00
- Community
- Green Lake
- Net Operating Income
- $35,039
- Gross Adjusted Income
- $40,800
- Gross Scheduled Income
- $40,800
- Total Monthly Income
- $3,400
- Insurance Expenses
- $775
- Gross Rent Multiplier
- 27
- Total Expenses
- $5,761
- Cap Rate
- 3.19
- Total Number of Units
- 6
- Unit Name
- 8553
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1959
- Roof
- Flat
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,400
- Gross Scheduled Income
- $40,800
- Gross Adjusted Income
- $40,800
- Tax Year
- 2017
- Insurance Expense
- $775
- Total Expenses
- $5,761
- Net Operating Income
- $35,039
- Gross Rent Multiplier
- 27
- Cap Rate
- 3.19
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