614 N 115th St, Seattle, WA 98133

$900,000
1,920
SqFt
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Listing courtesy of Coldwell Banker Danforth.

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List Price
$900,000
Status
ACTIVE
MLS#
1609391
Days on Market
25
Style
52 - Duplex
Building Condition
['Remodeled']
Finished SqFt
1,920
Lot Size (sq ft)
5,988

Property Description

ALL NEW, high-end duplex on quiet residential street in Broadview. Fully permitted remodel completed. All plumbing, sewer, electric, HVAC, roof, window systems are new. Tenants pay all utilities. Prime investment offering years of minimal maintenance + top rents. Each unit is 2 beds/1 bath, w/ front+rear entrances + outdoor space, in-unit washer/dryer, dishwasher, tankless water heaters, heated tile floors, + 5 speaker surround sound systems. add a DADU & make a triplex. Both units are rented.

Additional Information

List Date
2020-06-01 00:00:00
Community
Broadview
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1929
Total Parking
1
Uncovered Parking
1
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Patio
Lot Details
Open Space
School District
Seattle
Elementary School
Broadview-Thomson
Middle School
Whitman Mid
High School
Ingraham High
Total Monthly Income
$4,500
Gross Scheduled Income
$54,000
Gross Adjusted Income
$54,000
Annual Taxes
$4,873
Tax Year
2019
Insurance Expense
$900
Total Expenses
$5,773
Net Operating Income
$48,227
Gross Rent Multiplier
17
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1080
Unit 1 Rent
$2,500
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
840
Unit 2 Rent
$2,000
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