1021 S Bailey Street, Seattle, WA 98108

$645,000
2,160
SqFt

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Listing courtesy of Brink Realty Group. Selling Office: eXp Realty.

Sold Price
$645,000
List Price
$699,000
Status
SOLD
MLS#
2390454
Closing Date
Oct 16, 2025
Days on Market
92
Style
52 - Duplex
Finished SqFt
2,160
Area Total SqFt
2160
Annual Tax Ammount
7357.92
Lot Size (sq ft)
5,720
Sewer
Sewer Connected

Property Description

Just Reduced!! Come see this Georgetown duplex on a corner lot with great rental history! Enjoy the convenience of walking to town or local parks. The upstairs and downstairs units have two bedrooms and one bath. The upstairs unit has a wood-burning fireplace in the living room and a dining room. The downstairs unit also has a separate eating area, and the kitchen has been updated. There is off- street parking for two cars. This home has triple pane windows and just had a new roof, and gutters installed. The backyard has potential for an ADU (Buyer to verify)

Additional Information

List Date
2025-07-16 00:00:00
Community
Georgetown
Net Operating Income
$5,276
Gross Adjusted Income
$5,276
Gross Scheduled Income
$18,300
Total Monthly Income
$1,525
Insurance Expenses
$2,223
Water/Sewer/Garbage Expenses
$2,166
Gross Rent Multiplier
42
Total Expenses
$11,747
Cap Rate
1.88
Vacancy Rate
50
Total Number of Units
2
Unit Name
1021
Potential Terms
VA Loan
Year Built
1941
View
Territorial
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric
School District
Seattle
Total Monthly Income
$1,525
Gross Scheduled Income
$18,300
Vacancy Rate
50
Gross Adjusted Income
$5,276
Tax Year
2025
Insurance Expense
$2,223
W/S/G Expenses
$2,166
Total Expenses
$11,747
Net Operating Income
$5,276
Gross Rent Multiplier
42
Cap Rate
1.88
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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