Listing courtesy of KW Mountains to Sound Realty 253-220-8371
$780,000
Prime investment opportunity in the heart of Georgetown, Seattle! This duplex offers two 2-bedroom, 1-bath units totaling 1,440 square feet, with each unit spanning 720 square feet and designed for practical, income-producing living. Built in 1985 and fully fenced, this property is well-suited for investors seeking stable cash flow… Read More with upside potential. Each unit includes essential appliances for tenant use. Unit 1 features an oven, refrigerator, washer, and dryer. Unit 2 includes an oven, refrigerator, dishwasher, washer, and dryer. Zoned LR2(M); value in land. One unit offers a value-add opportunity through cosmetic updates, giving investors the ability to increase rents and build equity over time. Located in the sought-after Georgetown neighborhood with strong rental demand, proximity to major employment hubs, and easy access to downtown Seattle and key commuter routes, this property checks key boxes for long-term portfolio growth. Solid income now with room to improve. Don’t miss this value-add multifamily opportunity in a high-demand Seattle market. Read Less
Listing courtesy of KW Mountains to Sound Realty 253-220-8371
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
139
Days on Website
140
Last Updated
Property Type
Multi Family
Square Ft.
1,440
Lot Size
0.13 Acres
Year Built
1985
Property Tax
$7,602
MLS Number
2517528
Additional Details | Source HomeJunction
Building
Built in 1985, Built in 1985 (effective), 1 storey, Construction Materials: Wood
Cooling
None
Expenses
Electric: $1,200, Fuel: $1,200, Insurance: $1,130, Other Expense: $5,800
Exterior Features
Wood, Wood Products
Floors
Vinyl, Carpet
Foundation
Poured Concrete
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $34,800, Net Operating Income: $10,222
Lot
0.1263 acres, Alley, Curbs, Paved, Sidewalk, Value In Land
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.