2014 E Cherry St, Seattle, WA 98122

$1,695,000
2,780
SqFt

Listing courtesy of Real Property Associates.

List Price
$1,695,000
Status
ACTIVE
MLS#
1634361
Days on Market
19
Style
52 - Duplex
Finished SqFt
2,780
Lot Size (sq ft)
2,880

Property Description

Location, location, location. This turnkey duplex is minutes to downtown, Capitol Hill, Cal Anderson Park, major hospitals, & more. Upper and lower units are fully occupied, bringing in over $8800/mo in gross income. Both units have refinished hardwood floors, updated kitchens and baths, new interior paint, light fixtures and more. Off street parking accessed from the alley. A great investment property to add to your portfolio.

Additional Information

List Date
2020-07-22 00:00:00
Community
Seattle
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1909
Total Parking
2
Uncovered Parking
2
View
Jetty
Exterior
Wood Products
Roof
Composition
School District
Seattle
Gross Scheduled Income
$106,740
Vacancy Rate
1
Gross Adjusted Income
$105,673
Annual Taxes
$7,284
Tax Year
2019
Insurance Expense
$1,308
W/S/G Expenses
$2,784
Total Expenses
$11,376
Net Operating Income
$94,297
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
1060
Unit 1 Rent
$2,995
Unit 2 Beds
6
Unit 2 Baths
2.00
Unit 2 Size
1720
Unit 2 Rent
$5,900
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