2900 Fuhrman Ave E, Seattle, WA 98102

$1,200,000
2,800
SqFt

Listing courtesy of RE/MAX Northwest Realtors.

List Price
$1,200,000
Status
ACTIVE
MLS#
1553036
Days on Market
5
Style
52 - Duplex
Building Condition
['Fair']
Finished SqFt
2,800
Lot Size (sq ft)
5,412

Property Description

Ideal Portage Bay location! Two homes on one lot. 1927 English Tudor & 1919 Restored Beach Cottage. Iconic views of: Montlake Cut, Seattle Yacht Club, U of W Bridge, Cascades & gorgeous sunrises! Steps to public beach to launch your kayak. Enjoy a front row seat for Opening Day of Boating & the Christmas Ship Parade. Rapid access to I-5, SR 520, U of W, Fremont and the B-G Trail. Short walk or bike ride to numerous parks, restaurants, shops and U of W. Full sun terraced garden. Must see!

Additional Information

List Date
2020-01-13 00:00:00
Community
Portage Bay
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1927
Total Parking
2
Uncovered Parking
2
View
Bay, Canal, Lake, Mountain, Territorial
Exterior
Brick, Stucco, Wood
Roof
Composition, Flat
Site Features
Cable TV, Deck, Gas Available
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Seattle
Total Monthly Income
$72,000
Gross Scheduled Income
$72,000
Gross Adjusted Income
$72,000
Annual Taxes
$7,550
Tax Year
2019
Insurance Expense
$1,625
W/S/G Expenses
$2,646
Total Expenses
$14,121
Net Operating Income
$57,879
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1800
Unit 1 Rent
$3,500
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
1000
Unit 2 Rent
$2,500
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