2026 S Lane Street, Seattle, WA 98144

$1,199,880
2,150
SqFt

Listing courtesy of Coldwell Banker Bain.

List Price
$1,199,880
Status
ACTIVE
MLS#
2219020
Days on Market
38
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,150
Area Total SqFt
2150
Annual Tax Ammount
5626
Lot Size (sq ft)
3,575
Sewer
Sewer Connected

Property Description

Because two is better than one, I'm a shined up home with a second attached ADU on the lower level! A stones throw from Judkins Park and the new Light Rail station, I’ve got the beat on the street for commuting and venturing throughout the city! Facing south, both of my units are illuminated in natural light feeling cheerful and bright. New roof, windows, electrical, plumbing, siding, kitchens, bathrooms, and HVAC system make me the supreme investment and maintenance free! Live in one unit and rent out the other or try that Airbnb lifestyle as a clever way to supplement the mortgage. One car off street parking included plus storage galore gives you the in-city dream set up. Loved and cherished before, I am ready for my new beginning!

Additional Information

List Date
2024-04-03 19:52:11
Community
Judkins
Net Operating Income
$68,524
Gross Adjusted Income
$68,524
Gross Scheduled Income
$79,200
Total Monthly Income
$6,000
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,650
Gross Rent Multiplier
15.15
Total Expenses
$10,676
Cap Rate
6
Total Number of Units
2
Unit Name
2026
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1978
View
Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, High Speed Internet, Patio
Electric Expenses
1600
Other Expenses
600
Energy Source
Electric
School District
Seattle
Elementary School
Thurgood Marshall El
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$6,000
Gross Scheduled Income
$79,200
Gross Adjusted Income
$68,524
Tax Year
2023
Insurance Expense
$1,200
W/S/G Expenses
$1,650
Total Expenses
$10,676
Net Operating Income
$68,524
Gross Rent Multiplier
15.15
Cap Rate
6
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