Listing provided by NWMLS, courtesy of RE/MAX Northwest Realtors

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Active New Const
$2,550,000
/mo   Edit
MLS# 1535164
Multi-Family/Duplex
Built 2020
0.059 acres
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    Description:   New 16 bedroom, 6 bathroom duplex for sale between the sports fields at Seattle University. Built as 2 single family town-homes and selling as a duplex. High end finishes, stylish architect designed building and great location will make for a fantastic university housing opportunity. Proforma at $850 per room. Engineered hardwood floors, stainless appliances, quartz counters heated bathroom floors and a W/D on each floor will make this an easy rent up. Opportunity Zone Tax Benefits available.

    Interior

    Approx. Sq Ft: 3,769 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Radiant, Wall
    Floor Covering: Ceramic Tile, Hardwood
    Amenities: Energy Package, Thermal Windows

    Utilities

    Sewer: Sewer Connected

    Location

    City: Seattle
    State: WA
    Zip Code: 98122
    Area: 390
    County: King
    School District: Seattle
    Latitude: 47.60725100
    Longitude: -122.31618400

    Building

    Year Built: 2020
    Roof: Torch Down
    Exterior: Cement/Concrete
    Number of Units in Building: 2

    School

    School District: Seattle

    Lot

    View: Mountain
    Lot Details: Dead End Street, Secluded
    Lot Sq Ft: 2,560 ft²
    Lot Dimensions: 32 x 80
    Number of Stories in Building: 3

    Site

    New Construction: Presale
    Community Name: Seattle
    Site Features: Cable TV, Patio

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $13,600
    Insurance Expenses: 2000
    Electrical Expenses: 4476
    Heating Expenses: 2500
    Other Expenses: 9500
    Total Expenses: 39576
    Tax Year: 2019
    Gross Scheduled Income: 163200
    Vacancy Rate: 3
    Gross Adjusted Income: 158304
    Total Expenses: 39576
    Net Operating Costs: 118728
    Gross Rent Multiplier: 15
    Total Monthly Income: 13600

    Unit 1

    Description Unit 1: 1211
    Sq Ft Unit 1: 1,880 ft²
    Bedrooms Unit 1: 8
    Bathrooms Unit 1: 3.00
    Fireplaces Unit 1: 1
    Rent Unit 1: $6,800

    Unit 2

    Description Unit 2: 1213
    Sq Ft Unit 2: 1,889 ft²
    Bedrooms Unit 2: 8
    Bathrooms Unit 2: 3.00
    Dishwasher Unit 2: Y
    Washer/Dryer Unit 2: Y
    Fireplaces Unit 2: 0
    Rent Unit 2: $6,800

    Unit 3

    Sq Ft Unit 3: 0 ft²
    Bedrooms Unit 3: 0
    Bathrooms Unit 3: 0.00
    Fireplaces Unit 3: 0
    Rent Unit 3: None

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 0.00
    Fireplaces Unit 4: 0
    Rent Unit 4: None

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 0.00
    Fireplaces Unit 5: 0
    Rent Unit 5: None

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

    Other

    Project: Squires W C Repla

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    Listing provided by NWMLS, courtesy of RE/MAX Northwest Realtors