This Multifamily Property is Off-Market.

2613 E. Union St
Seattle, WA 98122 ·

2 Units · Multifamily For Sale

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Madrona Duplex

Price N/A Cap Rate 6%
No. Units 2 Occupancy 100%
Building Size 2,240 SF No. Stories 2
Property Type Multifamily Year Built 2003
Property Sub-type Duplex/Triplex/Fourplex Lot Size 3,419 SF
Property Use Type Investment Parking Ratio 1 / 1,000 SF
Commission Split 3%
Listing ID: 16110446 Date Created: 02/18/2009 Last Updated: 11/02/2009

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!

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

Research

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

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