357 NW 50th Street, Seattle, WA 98107

$1,267,500
2,765
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: RE/MAX Northwest Realtors.

Sold Price
$1,267,500
List Price
$1,300,000
Status
SOLD
MLS#
1515001
Closing Date
Apr 29, 2020
Days on Market
176
Style
52 - Duplex
Finished SqFt
2,765
Area Total SqFt
2765
Annual Tax Ammount
6596
Lot Size (sq ft)
2,640
Sewer
Sewer Connected

Property Description

Charming Duplex plus 1 non-conforming unit located in the highly walkable Ballard neighborhood. All 3 units have been renovated and the exterior was painted in 2017. Washer and dryer in each unit, beautiful quartz countertops, ample closet space and on-site parking. Views from private deck on top floor unit.

Additional Information

List Date
2019-11-05 00:00:00
Community
Woodland Park
Net Operating Income
$66,731
Gross Adjusted Income
$78,980
Gross Scheduled Income
$81,207
Total Monthly Income
$6,581
Insurance Expenses
$850
Water/Sewer/Garbage Expenses
$4,108
Gross Rent Multiplier
17
Total Expenses
$12,249
Cap Rate
5.13
Vacancy Rate
3
Total Number of Units
3
Unit Name
357
Potential Terms
Cash Out, Conventional
Year Built
1968
Roof
Composition
Other Expenses
695
School District
Seattle
Total Monthly Income
$6,581
Gross Scheduled Income
$81,207
Vacancy Rate
3
Gross Adjusted Income
$78,980
Tax Year
2019
Insurance Expense
$850
W/S/G Expenses
$4,108
Total Expenses
$12,249
Net Operating Income
$66,731
Gross Rent Multiplier
17
Cap Rate
5.13
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