2014 E Cherry Street, Seattle, WA 98122

$1,325,000
2,780
SqFt

Listing courtesy of Real Property Associates. Selling Office: Every Door Real Estate.

Sold Price
$1,325,000
List Price
$1,345,000
Status
SOLD
MLS#
1721728
Closing Date
Aug 30, 2021
Days on Market
278
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,780
Area Total SqFt
2780
Annual Tax Ammount
8122
Lot Size (sq ft)
2,880
Sewer
Sewer Connected

Property Description

Prime location! This turnkey renovated duplex is centrally located and minutes to downtown, Seattle U, Providence Med Center, Capitol Hill & more. Two units, including spacious seven bedroom, two bath apartment plus three bedroom, one bath unit. Both units have refinished hardwood floors, updated kitchens and baths, new interior paint, light fixtures and more. Two Car garage fronts Cherry.

Additional Information

List Date
2020-11-25 00:00:00
Community
Seattle
Net Operating Income
$94,297
Gross Adjusted Income
$84,374
Gross Scheduled Income
$96,588
Insurance Expenses
$1,308
Water/Sewer/Garbage Expenses
$2,784
Gross Rent Multiplier
14
Total Expenses
$12,214
Cap Rate
7.01
Vacancy Rate
1
Total Number of Units
2
Unit Name
2014
Potential Terms
Cash Out, Conventional
Year Built
1909
View
Jetty
Roof
Composition
Site Features
Deck
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$96,588
Vacancy Rate
1
Gross Adjusted Income
$84,374
Tax Year
2021
Insurance Expense
$1,308
W/S/G Expenses
$2,784
Total Expenses
$12,214
Net Operating Income
$94,297
Gross Rent Multiplier
14
Cap Rate
7.01
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