1706 N 50th St, Seattle, WA 98103

$969,000
1,840
SqFt

Listing courtesy of COMPASS.

List Price
$969,000
Status
ACTIVE
MLS#
1747994
Days on Market
29
Style
52 - Duplex
Finished SqFt
1,840
Lot Size (sq ft)
4,280

Property Description

An exceptional opportunity exists to secure this updated craftsman home with an additional legal ADU. Excellent for any investor looking to owner occupy and receive rental income or convert this home back to a single family with a bonus room. Double bedrooms in the main unit leave plenty of room for study, sleep and storage while the roomy living area is the perfect spot for unwinding. Both units have fully operational kitchens, separate entrances for privacy and their own washer and dryer set.  Safe off-street parking is provided behind the home in a covered two car garage with the possibility of conversion to provide more storage or even an additional DADU to maximize rental income. Located just steps away from bustling Green Lake.

Additional Information

List Date
2021-03-22 00:00:00
Community
Wallingford
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1908
Total Parking
2
View
['Territorial']
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Fenced-Partially, Patio, Shop
Lot Details
Paved Street
School District
Seattle
Total Monthly Income
$4,690
Gross Scheduled Income
$4,690
Gross Adjusted Income
$2,126
Annual Taxes
$665
Tax Year
2021
Insurance Expense
$75
W/S/G Expenses
$400
Total Expenses
$1,450
Net Operating Income
$3,240
Gross Rent Multiplier
508
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Rent
$2,690
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Rent
$2,000
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