7737 15th Avenue NW, Seattle, WA 98117

$697,500
2,540
SqFt

Listing courtesy of Keller Williams Rlty Bellevue. Selling Office: Keller Williams Rlty Bellevue.

Sold Price
$697,500
List Price
$778,000
Status
SOLD
MLS#
1721347
Closing Date
Apr 21, 2021
Days on Market
82
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,540
Area Total SqFt
2540
Annual Tax Ammount
6310
Lot Size (sq ft)
3,330
Sewer
Sewer Connected

Property Description

Excellent Ballard/Crown Hill location. duplex is close to grocery stores, cafes, coffee shop and more. All duplexes live like a home, units are side by side, each with two floors. Rapid Ride bus stop on the same block. These duplexes are on a flat lot with alley access and off-street parking, zoned NC2-55. Many updates have been completed; value can be added with more updates or as a development opportunity incorporating both lots (see MLS 1721328), Market rents are $1995+.

Additional Information

List Date
2021-01-29 00:00:00
Community
Crown Hill
Net Operating Income
$38,491
Gross Adjusted Income
$47,880
Gross Scheduled Income
$47,880
Total Monthly Income
$3,990
Insurance Expenses
$879
Water/Sewer/Garbage Expenses
$2,200
Gross Rent Multiplier
16
Total Expenses
$9,389
Cap Rate
4.9
Total Number of Units
2
Unit Name
7737
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1945
Roof
Composition
Site Features
Cable TV
Energy Source
Electric, Oil
School District
Seattle
Elementary School
Loyal Heights
Middle School
Whitman Mid
High School
Ballard High
Total Monthly Income
$3,990
Gross Scheduled Income
$47,880
Gross Adjusted Income
$47,880
Tax Year
2020
Insurance Expense
$879
W/S/G Expenses
$2,200
Total Expenses
$9,389
Net Operating Income
$38,491
Gross Rent Multiplier
16
Cap Rate
4.9
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks