536 N 102nd Street, Seattle, WA 98133

$519,000
1,886
SqFt

Listing courtesy of Keller Williams Realty Bothell. Selling Office: The Preview Group.

Sold Price
$519,000
List Price
$509,900
Status
SOLD
MLS#
1578384
Closing Date
Mar 22, 2021
Days on Market
285
Style
52 - Duplex
Building Condition
Fixer
Finished SqFt
1,886
Area Total SqFt
1886
Annual Tax Ammount
6086
Lot Size (sq ft)
5,670
Sewer
Sewer Connected
Bank Owned
Yes

Property Description

Fantastic opportunity for builders & investors! Large corner lot w/ an alley in a prime location. Property is a duplex. Multiple exit plans possible per city of Seattle, Buyer to verify to Buyer's own satisfaction the following: 1) Rehab property & continue to use as duplex (adding up to 500 sqft could be possible w/ this option, 2) tear down property & rebuild a duplex (per specific time lines), 3) tear down property & build a SFR w/ up to 1000 sqft AADU plus 1000 sqft DADU.

Additional Information

List Date
2020-06-10 00:00:00
Community
Greenwood
Net Operating Income
$32,400
Gross Adjusted Income
$32,400
Gross Scheduled Income
$32,400
Total Monthly Income
$2,700
Gross Rent Multiplier
19
Total Expenses
$6,086
Cap Rate
5.4
Total Number of Units
2
Unit Name
536
Potential Terms
Cash Out
Year Built
1927
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$2,700
Gross Scheduled Income
$32,400
Gross Adjusted Income
$32,400
Tax Year
2020
Total Expenses
$6,086
Net Operating Income
$32,400
Gross Rent Multiplier
19
Cap Rate
5.4
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