Cash-flow investment opportunity in Seattle! Fully renovated income-producing property ideally located across from Licton Springs Park. The property is currently configured and operating as a 4-unit rental with all four units tenant occupied, generating approximately $10,550/month in gross rental income. Seller has obtained City of Seattle permit… Read More approvals related to the conversion of the existing duplex into a 4-unit multifamily property. Major layout and unit conversion work has already been completed. The remaining scope primarily consists of final compliance-related improvements, utility coordination, inspections, and final City sign-off required for full legalization and project completion. Property is being sold as-is. Buyer to verify all permitting status, remaining construction requirements, and intended future use to their own satisfaction. Each unit has been updated with modern finishes including LVP flooring, granite countertops, stainless steel appliances, and in-unit washer/dryer. Property offers dedicated parking plus additional street parking and is located on a quiet street with convenient access to transit, parks, shopping, and major Seattle amenities. Excellent opportunity for investors seeking immediate cash flow, future upside, and long-term appreciation in a strong Seattle location. Read Less
Listing courtesy of Keller Williams North Seattle
Listing Snapshot
Cumulative Days On Market
1
Days on Website
0
Last Updated
Property Type
Duplex
Square Ft.
3,520
Lot Size
0.11 Acres
Year Built
1963
Property Tax
$11,716
MLS Number
2525226
30 Days Snapshot Of 98103
$1.11M
+8%
(avg) sold price
71
+4%
homes sold
43
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3520, Building Area Units: Square Feet, Calculated Square Footage: 3520, Elevation Units: Feet, Leasable Area: 3520, Living Area: 0, Number Of Units Total: 4, Stories Total: 1, Structure Type: "Duplex", Units In Building Total: 4, Year Built: 1963, Year Built Effective: 2023
Sewer: "Sewer Connected", Sewer Company: Seattle Public Ututlities
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Seattle City Light, Power Production Type: "Electric", "Natural Gas", Water Company: Seattle Public Ututlities, Water Source: "Public"
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. Listings last updated on ,
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