12032 17th Avenue NE, Seattle, WA 98125

$462,500
800
SqFt

Listing courtesy of Arsenault Realty Advisors, LLC. Selling Office: Red Carpet Realty Gallery, Inc.

Sold Price
$462,500
List Price
$465,250
Status
SOLD
MLS#
1467559
Closing Date
Sep 17, 2019
Days on Market
55
Style
52 - Duplex
Building Condition
Good
Finished SqFt
800
Area Total SqFt
800
Annual Tax Ammount
4280
Lot Size (sq ft)
7,200
Sewer
Sewer Connected

Property Description

MOTIVATED SELLERS!SEATTLE DUPLEX W/BIG UPSIDE. Need A P&S in a 1031 exchange. HUGE LOT! Add CASHFLOW now with W/S/G charge. Build Lg Addition to Back or Build Garages. Rent of $2500 per month! Convenient Pinehurst Area. Lots of parking, HUGE backyard, fully fenced.CONVERT to SFR & BUILD 2 BD/2 BA 1K SQFT Profitable ADU! Owner says PLEASE DO NOT DISTURB RESIDENTS, Will show inside with P & S agreement. Great 1st Time Investor Opp, FHA, VA, Conv. Price Dropped from $495,000. Bring offers!

Additional Information

List Date
2019-07-24 00:00:00
Community
Pinehurst
Net Operating Income
$22,175
Gross Adjusted Income
$29,341
Gross Scheduled Income
$29,940
Total Monthly Income
$2,495
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,686
Gross Rent Multiplier
17
Total Expenses
$7,166
Cap Rate
4.3
Vacancy Rate
2
Total Number of Units
2
Unit Name
12032
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1941
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
School District
Seattle
Total Monthly Income
$2,495
Gross Scheduled Income
$29,940
Vacancy Rate
2
Gross Adjusted Income
$29,341
Tax Year
2019
Insurance Expense
$1,200
W/S/G Expenses
$1,686
Total Expenses
$7,166
Net Operating Income
$22,175
Gross Rent Multiplier
17
Cap Rate
4.3
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