1819 Harvard Avenue, Seattle, WA 98122

$1,075,000
2,200
SqFt

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Listing Broker: Windermere Real Estate Midtown; Heidi R. Ward; 206-419-4285; heidi@heidiwardre.com

List Price
$1,075,000
Status
ACTIVE
MLS#
2601481
Style
52 - Duplex
Finished SqFt
2,200
Area Total SqFt
2200
Annual Tax Ammount
865.58
Lot Size (sq ft)
2,000
Sewer
Sewer Connected

Property Description

1902 Victorian in the Center of the Universe ~ Just about anything you could desire is within about a block of this turn-of-the-century residence in the heart of Seattle's vibrant Capitol Hill neighborhood. Light Rail station, tram, shopping, grocery, restaurants, coffee shops...right outside your door. RARE off-street parking for TWO vehicles behind a secure gate. Converted years ago to a LEGAL DUPLEX, this home presents many possibilities for use. Live in one unit and rent the other, or purchase as an investment and rent both. Perhaps you restore it to a single-family home and enjoy your private domicile nestled in amongst the bustle of apartments, condos, and businesses. Currently a short-term vacation rental, but has been successfully rented to long-term tenants for many years. If your budget keeps presenting you with cookie-cutter townhomes but your heart wants something a bit more interesting, this could be the Unicorn you've been seeking!

Additional Information

Community
Capitol Hill
Net Operating Income
$39,907
Gross Adjusted Income
$62,400
Gross Scheduled Income
$62,400
Total Monthly Income
$5,200
Insurance Expenses
$537
Water/Sewer/Garbage Expenses
$171
Gross Rent Multiplier
17.23
Total Expenses
$1,874
Cap Rate
37
Total Number of Units
2
Unit Name
1819
Potential Terms
Cash, Conventional
Year Built
1902
Roof
Composition
Electric Expenses
162
Other Expenses
75
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$5,200
Gross Scheduled Income
$62,400
Gross Adjusted Income
$62,400
Tax Year
2025
Insurance Expense
$537
W/S/G Expenses
$171
Total Expenses
$1,874
Net Operating Income
$39,907
Gross Rent Multiplier
17.23
Cap Rate
37
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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