19257 16th Ave NE, Lake Forest Park, WA 98155

$580,000
2,120
SqFt

Listing courtesy of Keller Williams North Seattle.

Selling office:

Sold Price
$580,000
List Price
$600,000
Status
SOLD
MLS#
1404515
Closing Date
Jul 24, 2019
Days on Market
169
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
2,120
Lot Size (sq ft)
10,986

Property Description

Lake Forest Park Duplex! One of the nicest, well updated duplexes you'll ever find for this price! Both units have Individual gas forced-air heat, hot water, cooking and fireplaces. Both spacious 2 bedroom units are fully rented and have their own laundry room and large yard. Zoning RM 3600 might permit a third unit. Buyer to verify with city of LFP. Please Do NOT Disturb Tenants.

Additional Information

List Date
2019-01-23 00:00:00
Community
Lake Forest Park
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1962
Total Parking
10
Uncovered Parking
8
Exterior
Wood
Roof
Composition
Site Features
Outbuildings, RV Parking
Lot Details
Corner Lot, Paved Street
School District
Shoreline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
5
Gross Adjusted Income
$37,620
Annual Taxes
$5,149
Tax Year
2018
Net Operating Income
$37,620
Gross Rent Multiplier
20
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1050
Unit 1 Rent
$1,550
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1050
Unit 2 Rent
$1,750
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks