Seattle,
Washington WA98105
HERE IT IS!! THIS DUPLEX IS WELL MAINTAINED AND CARED FOR BY THE SAME OWNER SINCE 1983!! PRIDE OF OWNERSHIP SHOWS: THREE DECKS ALL WITH LIGHT FILLED TERRITORIAL VIEWS AND AMPLE SPACE TO ENJOY WITH TABLES AND CHAIRS! UPDATES INCLUDE PLUMBING, ELECTRICAL, MOST OF THE WINDOWS HAVE BEEN REPLACED, BOTH UNITS HAVE REAL WOOD BURNING FIREPLACES AND ARCHITECTURAL ACCENTS THROUGHOUT THE HOUSE WITH PERIOD STYLE TOUCHES, BUILT-INS, COVERED ENTRIES, DOUBLE DOORS, TOO MUCH TO LIST. THE PROPERTY IS AND HAS BEEN MAINTAINED BY THE OWNER. ROOF HAS ALSO RECENTLY BEEN REPLACED. LONG TERM TENANTS THAT APPRECIATE THE QUALITY OF THE PROPERTY AND IT SHOWS. RADIATOR/BOILER GAS RADIATOR HEAT THAT IS VERY EFFICIENT WITH ENDLESS HOT WATER. ***SEE VIRTUAL TOUR
Listing ID2037100
Sold For$1,050,000
StatusClosed
Sold Date4/20/2023
SqFt
2,730
Acres
0.115
CountyKing
SubdivisionRavenna
Year Built1920
Property TypeResidential Income
Property Sub TypeMulti-Family
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
Ravenna
Year Built
1920
Building Area Units
Square Feet
Flooring
Hardwood, Vinyl, Carpet
Furnished
Unfurnished
Interior Features
Hardwood, Wall to Wall Carpet
Living Area Units
Square Feet
Stories Total
2
Construction Methods
Standard Frame
Elevation Units
Feet
Exterior Features
Wood Products
Foundation Details
Poured Concrete
Lot Features
Curbs, Sidewalk
Lot Number
6
Lot Size Square Feet
5000
Lot Size Units
Square Feet
MLS Lot Size Source
Public Records
Number Of Units Total
2
Open Parking Spaces
1
Parking Total
1
Parking Uncovered Spaces
1
Roof
Composition
Sewer
Sewer Connected
Sewer Company
Seattle
Structure Type
Duplex
Style Code
52 - Duplex
Units Below Grade
true
Units In Building Total
2
Water Company
Seattle
Water Source
Public
Block
6
Building Area Total
2730
Building Name
Ravenna Springs Park
Country
US
High School District
Seattle
MLS Area Major
710 - North Seattle
View
Territorial
Waterfront
no
Zoning Class
Multi-Family
Zoning Jurisdiction
City
First Right Of Refusal
no
Mls Status
Sold
Offers
Seller intends to review offers upon receipt
Possible Use
Multi-Family
Power Company
Seattle
Power Production Type
Natural Gas
Preliminary Title Ordered
yes
Property Condition
Good
Show Map Link
yes
Site Features
Deck
Buyer Financing
Conventional
Cap Rate
4.1
Gross Adjusted Income
62400
Gross Rent Multiplier
20.02
Gross Scheduled Income
62400
Insurance Expense
1321
Leasable Area
2590
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
51289
Possession
Tenant's Rights
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
9250
Tax Year
2022
Total Expenses
10571
Total Monthly Income
5200
Listing Broker
Tommy Bates
Sales Broker
WPI Real Estate
5026 21st Avenue NE Seattle, WA 98105
Based on information submitted to the MLS GRID as of Wednesday, April 17th, 2024 10:48:02 PM. 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-primaryPhoto,#idx-details-headerClosed
Closed Listing courtesy of WPI Real Estate Services, Inc.
Listing sold by WPI Real Estate Services, Inc.
#IDX-listingMediaLinksClosed
Closed Listing courtesy of WPI Real Estate Services, Inc.
Listing sold by WPI Real Estate Services, Inc.
