807 NW 59th Street, Seattle, WA 98107

$1,130,000
2,560
SqFt

Listing courtesy of COMPASS.

List Price
$1,130,000
Status
PENDING
MLS#
1927123
Price Change
▼ $50,000 1654391344
Days on Market
50
Style
52 - Duplex
Finished SqFt
2,560
Area Total SqFt
2560
Lot Size (sq ft)
5,000

Property Description

Investment opportunity in excellent Ballard location. This duplex offers 2 units - one that is currently leased with long-term tenant (month-to-month term). 807 is a 3 bed/2bath unit with fresh paint, new carpet and flooring. 809 is a 1 bedroom/1 bath unit with an unfinished basement (including a partially finished 2nd bathroom) with lots of potential to bring your vision. If you are looking for an investment property with additional potential in a super location you don't want to look past this property. Live in one unit and rent the other! Fabulous location near downtown Seattle, local eateries, hotspots, cafes and the University of Washington.

Additional Information

List Date
2022-05-08 15:20:09
Community
Ballard
Potential Terms
Cash Out, Conventional
Year Built
1944
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Outbuildings
Heating/Cooling Type
Forced Air
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$4,550
Gross Scheduled Income
$65,931
Vacancy Rate
3
Gross Adjusted Income
$63,953
Tax Year
2021
Insurance Expense
$1,274
W/S/G Expenses
$3,000
Total Expenses
$12,331
Net Operating Income
$53,600
Gross Rent Multiplier
18
Cap Rate
5
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