1600 N 97th Street, Seattle, WA 98103

$725,000
2,300
SqFt

Listing courtesy of L. Dankers Real Estate Group. Selling Office: Windermere Real Estate Co..

Sold Price
$725,000
List Price
$749,000
Status
SOLD
MLS#
1557725
Closing Date
Mar 13, 2020
Days on Market
2
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,300
Area Total SqFt
2300
Annual Tax Ammount
6074
Lot Size (sq ft)
3,600
Sewer
Sewer Connected

Property Description

Sharp duplex on corner lot across the street from Licton Spings Park. 2 bedroom, 1 bathroom units with garages. Great location and walk score. New elementary & middle school just a few blocks away.

Additional Information

List Date
2020-03-11 00:00:00
Community
Licton Springs
Net Operating Income
$35,376
Gross Adjusted Income
$43,650
Gross Scheduled Income
$45,000
Total Monthly Income
$3,750
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
16
Total Expenses
$8,274
Cap Rate
4.87
Vacancy Rate
3
Total Number of Units
2
Unit Name
1600
Potential Terms
Cash Out, Conventional
Year Built
1974
View
Territorial
Roof
Flat
Site Features
Fenced-Partially
School District
Seattle
Total Monthly Income
$3,750
Gross Scheduled Income
$45,000
Vacancy Rate
3
Gross Adjusted Income
$43,650
Tax Year
2019
Insurance Expense
$1,000
W/S/G Expenses
$1,200
Total Expenses
$8,274
Net Operating Income
$35,376
Gross Rent Multiplier
16
Cap Rate
4.87
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