2252 15th Avenue W, Seattle, WA 98119

$785,000

Listing courtesy of Heaton Dainard, LLC. Selling Office: CENTURY 21 North Homes Realty.

Sold Price
$785,000
List Price
$799,000
Status
SOLD
MLS#
1885462
Closing Date
Apr 28, 2023
Days on Market
393
Style
52 - Duplex
Annual Tax Ammount
4556
Lot Size (sq ft)
2,625
Sewer
Sewer Connected

Property Description

Rare opportunity to own a newly renovated duplex in the Queen Anne Interbay neighborhood. Easy access to downtown, Expedia, SPU, Ballard & SLU. Great walkability to cafes, restaurants, Whole Foods. Tenants enjoy bright, light filled spaces with in-unit washer/dryers. New plumbing, electrical, LVP floors, paint, millwork, cabinets, quartz countertops, stainless steel appliances, fixtures, etc. Great investment opportunity and all the work has been done for you!

Additional Information

List Date
2022-03-31 00:00:00
Community
Interbay
Net Operating Income
$34,275
Gross Adjusted Income
$43,999
Gross Scheduled Income
$45,360
Total Monthly Income
$3,780
Insurance Expenses
$806
Water/Sewer/Garbage Expenses
$4,200
Gross Rent Multiplier
17.6
Total Expenses
$9,562
Cap Rate
4.3
Vacancy Rate
3
Total Number of Units
2
Unit Name
2252
Potential Terms
Cash Out, Conventional
Year Built
1910
Roof
Composition
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Frantz Coe Elementary
Middle School
Mc Clure Mid
High School
Lincoln High
Total Monthly Income
$3,780
Gross Scheduled Income
$45,360
Vacancy Rate
3
Gross Adjusted Income
$43,999
Tax Year
2021
Insurance Expense
$806
W/S/G Expenses
$4,200
Total Expenses
$9,562
Net Operating Income
$34,275
Gross Rent Multiplier
17.6
Cap Rate
4.3
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