Historical Multifamily Sale Listing - Madrona Duplex

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Madrona Duplex

2613 E. Union St, Seattle, WA 98122

N/A

2 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
2
Building Size:
2,240 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/Triplex/Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
6%
Occupancy:
100%
No. Stories:
2
Year Built:
2003
Lot Size:
3,419 SF
Parking Ratio:
1 / 1,000 SF
Listing ID
16110446
Last Updated
over 1 year ago

Highlights

  • Projected 6 % Cap Rate
  • Seasoned tenants on Month to Month
  • Only 6 years old=Low maintenance!
  • Walking distance to shopping plus on a bus line!
  • Constant source of tenants from 3 local Universites
  • Meticulously cared for by Original Owners

Description

Reduced $50k! Stylish Townhome Duplex in Madrona! Meticulously cared for by original owners. Easy off street parking. Built in 2003. High quality construction with easy maintenance Hardi-plank siding & 30 year roof! Each unit is 3BR/2.5BTH with stack W/D and private yard. Great Investment...Live in one side and rent the other! Possible Boundry Line adjustment to split units. Ready for second H2O meter. Unit one rents below market. Unit two is currently owner occupied. Come see and compare!

Excellent location just moments from downtown Seattle, Broadway, Hospital District, Madison Park & Universities!

Map of 2613 E. Union St, Seattle, WA 98122 (King County)

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