1320 N 40th Street, Seattle, WA 98103

$805,000
2,080
SqFt

Listing courtesy of Windermere Real Estate Co.. Selling Office: Redfin.

Sold Price
$805,000
List Price
$847,500
Status
SOLD
MLS#
1771364
Closing Date
Mar 11, 2022
Days on Market
272
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,080
Area Total SqFt
2080
Lot Size (sq ft)
2,543

Property Description

Craftsman style home operating as duplex on LR1 (M1) zoned lot in Wallingford. Easy access to all neighborhood amenities; close to Fremont, Lake Union, Green Lake & UW. Upper unit consists of main & upper levels with 3 bdrms, 1 bath & access to a back yard area. New windows, flooring, interior paint, steel stair rail and kitchen subway tile back splash in upper unit. Bsmt unit w/non-conforming bdrm, living room/kitchen area & full bathroom. New front entry to lower level unit. Common areas in basement include laundry rm & individual storage areas for each unit. Other notable updates include a new roof, freshly painted exterior & new sewer clean out. Off-street pkg in driveway. Nearby transit options & bus lines. Great investment potential!

Additional Information

List Date
2021-06-12 00:00:00
Community
Wallingford
Potential Terms
Cash Out, Conventional
Year Built
1918
Roof
Composition
Site Features
Fenced-Partially
Heating/Cooling Type
Baseboard, Forced Air, Wall
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Bf Day
Middle School
Hamilton Mid
High School
Lincoln High
Total Monthly Income
$3,400
Gross Scheduled Income
$40,800
Gross Adjusted Income
$40,800
Tax Year
2021
Insurance Expense
$750
W/S/G Expenses
$2,575
Total Expenses
$9,827
Net Operating Income
$30,973
Gross Rent Multiplier
21
Cap Rate
3.7

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