112 13TH Avenue, Seattle, WA 98122

$704,000
1,888
SqFt

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Listing courtesy of HERE. Selling Office: Skyline Properties, Inc..

Sold Price
$704,000
List Price
$716,000
Status
SOLD
MLS#
2242008
Closing Date
Feb 26, 2025
Days on Market
100
Style
52 - Duplex
Finished SqFt
1,888
Area Total SqFt
1888
Annual Tax Ammount
6934
Lot Size (sq ft)
2,046
Sewer
Sewer Connected

Property Description

New roof and gutter. This property has zoning NC3-75 (M). Total 3 meters panel onsite RRIO good until 2025 and 2 used. Per Seattle new development, this duplex can soon be turned into 6-8 units if torn down. Last remodeling was April 2023 addition new bathroom, painting interior, two split air conditioning with heat pump for Unit A Unit B. Unit B has a Den. Please verify all information to your satisfaction

Additional Information

List Date
2024-11-18 00:00:00
Community
Central Area
Net Operating Income
$40,066
Gross Adjusted Income
$52,800
Gross Scheduled Income
$52,800
Total Monthly Income
$4,400
Insurance Expenses
$900
Water/Sewer/Garbage Expenses
$3,000
Gross Rent Multiplier
14.42
Total Expenses
$12,734
Cap Rate
5
Total Number of Units
2
Unit Name
112
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1905
Roof
Composition
Electric Expenses
700
Other Expenses
600
Energy Source
Electric
School District
Seattle
Elementary School
Bailey Gatzert
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Gross Adjusted Income
$52,800
Tax Year
2024
Insurance Expense
$900
W/S/G Expenses
$3,000
Total Expenses
$12,734
Net Operating Income
$40,066
Gross Rent Multiplier
14.42
Cap Rate
5
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.
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