1114 13th Avenue Unit #1116, Seattle, WA 98122

$1,300,000
2,180
SqFt

Listing courtesy of Ensemble.

List Price
$1,300,000
Status
ACTIVE
MLS#
2231651
Days on Market
4
Style
52 - Duplex
Finished SqFt
2,180
Area Total SqFt
2180
Annual Tax Ammount
8386
Lot Size (sq ft)
2,418
Sewer
Sewer Connected

Property Description

Charming Craftsman duplex perfectly placed in the heart of Capitol Hill. First time on market in 30 yrs. Two separate units offers investors either fully rented or one unit owner occupied options. Upper unit hosts 3 bed/1 bath, lower unit hosts 1 bed/1 bath. Proximity to absolutely everything: shopping, dining, light rail, rapid transit and more. Both units currently tenant occupied with strong monthly rents. Property has one deeded parking space in the alley. Buyer agrees to participate in 1031 exchange.

Additional Information

List Date
2024-05-12 19:09:52
Community
Capitol Hill
Net Operating Income
$54,438
Gross Adjusted Income
$54,438
Gross Scheduled Income
$65,544
Total Monthly Income
$5,090
Water/Sewer/Garbage Expenses
$2,720
Gross Rent Multiplier
18.08
Total Expenses
$11,106
Cap Rate
4.53
Total Number of Units
2
Unit Name
1114
Potential Terms
Cash Out, Conventional
Year Built
1900
View
City, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,090
Gross Scheduled Income
$65,544
Gross Adjusted Income
$54,438
Tax Year
2023
W/S/G Expenses
$2,720
Total Expenses
$11,106
Net Operating Income
$54,438
Gross Rent Multiplier
18.08
Cap Rate
4.53
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