4023 1st Avenue NE, Seattle, WA 98105
- $1,050,000
- 1,400
- SqFt
Listing courtesy of KW Greater Seattle. Selling Office: Flyhomes.
- Sold Price
- $1,050,000
- List Price
- $940,000
- Status
- SOLD
- MLS#
- 2198430
- Closing Date
- Feb 29, 2024
- Days on Market
- 5
- Style
- 52 - Duplex
- Finished SqFt
- 1,400
- Area Total SqFt
- 1400
- Annual Tax Ammount
- 7519
- Lot Size (sq ft)
- 4,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-02-13
Property Description
Just 2 blocks from Lake Union, this well-maintained legal duplex sits up high off of the street. View porch, open living/dining area. Gleaming newly refinished hardwoods & freshly painted interior. Deck of kitchen to wooded garden setting, ideal for BBQs, pets & play. 2 BR + BA on main. Legal unit studio apt w/separate entrance, & shared laundry. Offers great opportunity as rental or sfr w/income studio. Many updates, John Stanford Int geo zone. Walk/bike to Lk Union, BGT, restaurants, amenities. Minutes to UW and downtown.
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Additional Information
- List Date
- 2024-02-24 00:00:00
- Community
- Wallingford
- Net Operating Income
- $37,871
- Gross Adjusted Income
- $46,560
- Gross Scheduled Income
- $48,000
- Insurance Expenses
- $1,170
- Gross Rent Multiplier
- 19.58
- Total Expenses
- $8,689
- Cap Rate
- 4
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 4023
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1906
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Green Lake
- Middle School
- Hamilton Mid
- High School
- Lincoln High
- Gross Scheduled Income
- $48,000
- Vacancy Rate
- 3
- Gross Adjusted Income
- $46,560
- Tax Year
- 2023
- Insurance Expense
- $1,170
- Total Expenses
- $8,689
- Net Operating Income
- $37,871
- Gross Rent Multiplier
- 19.58
- Cap Rate
- 4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.