826 NW 58th Street, Seattle, WA 98107

$1,550,000
3,420
SqFt

Listing courtesy of Coldwell Banker Bain. Selling Office: Windermere Real Estate Co..

Sold Price
$1,550,000
List Price
$1,550,000
Status
SOLD
MLS#
1933852
Closing Date
Jun 13, 2022
Days on Market
9
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,420
Area Total SqFt
3420
Lot Size (sq ft)
6,000

Property Description

A beautifully updated duplex positioned mid-block & elevated above a quiet residential street in the heart of Ballard. Surrounded by mature landscaping, this home is a rare owner-occupied opportunity or savvy investor option for a top-performing duplex. Unit 828: 3 bed / 2 bath. Unit 826: 2 bed / 1 bath, lower-level bonus room & fully fenced yard w/patio. Both feature southern exposure flooding living spaces w/ natural light. Highlights include hardwood floors, wood burning fireplaces, SS appliances, laundry, storage, attached 2 car garage + 2 off street parking. Utility bill back for tenants. Strong rental history. Zoned RSL(M). Outstanding redevelopment potential for 6,000 sf lot. Walk Score 83. Bike Score 92. Only two owners since 1960!

Additional Information

List Date
2022-06-04 00:00:00
Community
Ballard
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1960
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio
Heating/Cooling Type
Baseboard, Wall
Other Expenses
5937
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,400
Gross Scheduled Income
$76,800
Vacancy Rate
3
Gross Adjusted Income
$58,901
Tax Year
2022
Insurance Expense
$921
Total Expenses
$15,595
Net Operating Income
$61,205
Gross Rent Multiplier
20.18
Cap Rate
3.8
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