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+12534953939
Real Broker LLC
7546 24th Avenue NW, Seattle, WA 98117
- $1,150,000
- 1,880
- SqFt
Listing Broker: COMPASS; Michael Green; 917-873-3497; iam@seattlegreenandco.com
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2580142
- Style
- 52 - Duplex
- Finished SqFt
- 1,880
- Area Total SqFt
- 1880
- Annual Tax Ammount
- 923.85
- Lot Size (sq ft)
- 4,115
- Sewer
- Sewer Connected
Property Description
YOUR HOME. $27,000 IN ANNUAL RENTAL INCOME. One residence available for occupancy November 30! This classic brick duplex in Loyal Heights offers the opportunity to own your home while collecting $2,250 per month in rental income from the neighboring residence. Just blocks from Loyal Heights Park, each side-by-side home features 2 bedrooms, 1 bath, a private garage, its own backyard, and a versatile lower level ideal for a home office, fitness studio, media room, or guest space. Move into one residence and let the other help offset your mortgage. Enjoy separate living spaces, private outdoor areas, and the flexibility of a property designed to accommodate your evolving needs. LR3 zoning offers potential for future multifamily redevelopment, subject to buyer verification. Neighborhood favorites include Larsen’s Bakery, Beast & Cleaver, The Fish Store, and The Mailbox. TWO HOMES. ONE PROPERTY. MORE POSSIBILITIES.
Additional Information
- Community
- Loyal Heights
- Net Operating Income
- $45,398
- Gross Adjusted Income
- $61,200
- Gross Scheduled Income
- $61,200
- Total Monthly Income
- $5,100
- Insurance Expenses
- $127
- Water/Sewer/Garbage Expenses
- $265
- Gross Rent Multiplier
- 18.79
- Total Expenses
- $1,316
- Cap Rate
- 3.95
- Total Number of Units
- 2
- Unit Name
- 7546
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1954
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,100
- Gross Scheduled Income
- $61,200
- Gross Adjusted Income
- $61,200
- Tax Year
- 2025
- Insurance Expense
- $127
- W/S/G Expenses
- $265
- Total Expenses
- $1,316
- Net Operating Income
- $45,398
- Gross Rent Multiplier
- 18.79
- Cap Rate
- 3.95
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.