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Gary Alpine

ADMIRAL
2211 ELLIOTT AVE STE 200
SEATTLE, WA 98121

(206) 381-2000
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Listing 1 out of 485
$899,950 Pending
1308 W Wheeler St
Seattle, WA 98119
2 units | Multi Family Home
0.09 acre lot - MLS# 1128521 Courtesy of Skyline Properties, Inc.
Property Photo
1/17

Description

Legal duplex w/views on LR1 zoned lot offers numerous investment options. 1) Subdivide the parcel (1,600 sf minimum allows 2 new parcels) & build two new homes. 2) Lease both furnished units at great long term rates $3k/main & $1,550/lower. 3) Lease both furnished units via AirBnb, etc. at daily rates of $250/main & $119/lower. 4) Owner occupy the 2bed/1.75bath main unit & lease the lower 1 bed/1 bth unit. Outstanding access to Expedia, Amazon, transportation, popular retail (Whole Foods, etc).

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Listing Price: $899,950
  • County/Area: King County
  • Zip Code: 98119
  • Year Built: 1930
  • School District: Seattle
  • Elementary School: Coe
  • Middle School: Mc Clure Mid
  • High School: Ballard High
  • Sq.Ft.: 2,060 sq ft
  • Units: 2 units
  • Garage: 2-Car
  • # of Parking Spaces: 2, 5
  • Accessibility: Yes, See Site Features
  • Lot SqFt: 3920.4
  • View: Bay, City, See Remarks, Sound, Territorial
  • Area: Queen Anne
  • Amenities: Storage, Thermal Windows
  • Area Number: 700
  • Bathrooms Unit 1: 1.75
  • Bathrooms Unit 2: 0.75
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 1
  • Building Condition: Good
  • Electrical Expenses: $661
  • Energy Source(heat): Natural Gas
  • Exterior: Metal/Vinyl
  • Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete, Slab
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $51870
  • Gross Rent Multiplier: $17
  • Gross Scheduled Income: $54600
  • Heating Expenses: $1436
  • Heating/Cooling: Forced Air
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Net Operating Income: $47993
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 3
  • Power Company: Seattle City Light
  • Rent Unit 1: $3000
  • Rent Unit 2: $1550
  • Roof: Composition
  • Sewer Company: Seattle Public Utilities
  • Site Features: Cable TV, Deck, Disabled Access, Fenced-Partially, Gas Available, Patio
  • Sold Date: 1800-01-01 00:00:00
  • Square Feet Unit 1: 1250
  • Square Feet Unit 2: 810
  • Total Expenses: $3877, $3877
  • Total Monthly Income: $4550
  • Units Below Grade: Yes
  • Vacancy Rate: 5
  • Water Company: Seattle Public Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1536
Courtesy of Skyline Properties, Inc.

©NorthWest MLS 2017. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Admiral Properties are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-05-29

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2211 ELLIOTT AVE STE 200, SEATTLE, WA 98121
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