2523 Yale Avenue E Unit #2521, Seattle, WA 98102

$875,500
2,560
SqFt

Listing courtesy of eXp Realty.

List Price
$875,500
Status
PENDING
MLS#
2203250
Days on Market
11
Style
52 - Duplex
Finished SqFt
2,560
Area Total SqFt
2560
Annual Tax Ammount
9183
Lot Size (sq ft)
3,605
Sewer
Sewer Connected
Offer Review Date
2024-03-02

Property Description

Amazing Eastlake Duplex nestled 2 blocks from Lake Union where opportunities abound. Live in one unit rent the other, perfect for intergenerational living, excellent for Investors and Developers. LR3 (M)/urban village zoning. Lake views with potential for more. Each is a two story unit with 2+ bedrm, 1.3/4 bth each. Both units maintain their vintage charm throughout; solid 20's oak floors, built in cabinetry, French leaded glass doors, coved ceiling, art deco light fixtures and wood fire places. Rented unit has kept its beauty to inspire your imagination for the other vacant unit in need of system and cosmetic shine. 2 garage+2 off st. pkg. Full backyard deck with garden space. Close to vibrant eateries,U.W, Downtown and of course the lake!

Additional Information

List Date
2024-04-01 18:22:15
Community
Eastlake
Net Operating Income
$11,112
Gross Adjusted Income
$25,200
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$1,785
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
34.74
Total Expenses
$14,088
Cap Rate
0.13
Total Number of Units
2
Unit Name
2523
Potential Terms
Cash Out, Conventional
Year Built
1929
View
Partial
Roof
Composition
Site Features
Deck
Electric Expenses
720
Energy Source
Natural Gas
School District
Seattle
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Gross Adjusted Income
$25,200
Tax Year
2023
Insurance Expense
$1,785
W/S/G Expenses
$1,200
Total Expenses
$14,088
Net Operating Income
$11,112
Gross Rent Multiplier
34.74
Cap Rate
0.13
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