4447 50th Avenue SW, Seattle, WA 98116

$657,500
2,100
SqFt

Listing courtesy of Realogics Sotheby's Int'l Rlty. Selling Office: Redfin Corp..

Sold Price
$657,500
List Price
$649,950
Status
SOLD
MLS#
1382121
Closing Date
Jan 10, 2019
Days on Market
30
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,100
Area Total SqFt
2100
Annual Tax Ammount
5466
Lot Size (sq ft)
5,750
Sewer
Sewer Connected
Offer Review Date
2018-12-11

Property Description

Amazing investment opportunity in desirable west seattle neighborhood. Duplex currently bringing in $2,345/month for top floor. Rent out the lower level and cover your mortgage or easily convert back to a single family residence. Endless possibilities. Walking distance to Alaska junction, minutes to west seattle bridge and within the Genesee Hill school zone.

Additional Information

List Date
2018-12-11 00:00:00
Community
Alaska Junction
Net Operating Income
$37,374
Gross Adjusted Income
$37,374
Gross Scheduled Income
$46,140
Total Monthly Income
$3,845
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$1,600
Gross Rent Multiplier
17
Total Expenses
$8,766
Cap Rate
5.8
Vacancy Rate
1
Total Number of Units
2
Unit Name
4447
Potential Terms
Cash Out, Conventional
Year Built
1947
View
Mountain(s), Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet
School District
Seattle
Elementary School
Genesee Hill Elementary
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$3,845
Gross Scheduled Income
$46,140
Vacancy Rate
1
Gross Adjusted Income
$37,374
Tax Year
2018
Insurance Expense
$1,000
W/S/G Expenses
$1,600
Total Expenses
$8,766
Net Operating Income
$37,374
Gross Rent Multiplier
17
Cap Rate
5.8
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