5218 35th Ave S, Seattle, WA 98118

$950,000
2,950
SqFt

Listing courtesy of VIP International R/E Group.

List Price
$950,000
Status
ACTIVE
MLS#
1459442
Days on Market
123
Style
52 - Duplex
Building Condition
['Remodeled']
Finished SqFt
2,950
Lot Size (sq ft)
5,200

Property Description

Two houses on one tax lot. New RSL up-zoning allows for the potential to subdivide into 2 lots. Located in a great neighborhood with easy access to freeway, downtown, bus, light rail, farmers market, & more. Front house is ~2,280SF, completely updated in 2007 with 5 bedrms 2 baths, new kitchen w/stainless appliances, tile, and hardwood floors. Fully finished basement perfect for MIL unit has separate entrance and plumbed for 2nd kitchen. Back house ~670SF, also updated, and has 2 bedrms 1 bath.

Additional Information

List Date
2019-05-15 00:00:00
Community
Columbia City
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1929
Total Parking
3
Uncovered Parking
3
Exterior
Wood
Roof
Composition
Site Features
Deck, Patio
Lot Details
Alley, Paved Street
School District
Seattle
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Annual Taxes
$6,795
Tax Year
2018
Insurance Expense
$926
W/S/G Expenses
$5,460
Total Expenses
$13,181
Net Operating Income
$31,219
Gross Rent Multiplier
21
Cap Rate
3

Room Dimensions

Unit 1 Beds
5
Unit 1 Baths
2.00
Unit 1 Size
2280
Unit 1 Rent
$2,400
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
670
Unit 2 Rent
$1,300
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