Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Ductless Heat Pump
Cooling Ductless Forced Air Heat Pump
Possession Negotiable
Roof Flat
HOA Fee 1200
Garage Spaces 0
Security Features Fully Fenced
Year Built 2025
View Canal City Lake Mountain(s) Sound Territorial
Property Subtype Multi Family
Tax Year 2025
Assoc Fee Paid Per Monthly
County King
Net Operating Income 106455
Insurance Expense 1250
New Construction Y
Property Type Residential Income
HOA Y
Subdivision Name Wallingford
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From NE 40th head north on 4th Ave NE. 2nd property on the left. Park in driveway & take entry stairway up to Penthouse unit.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family Residential
Number Of Units Total 2
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 4000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 19375
Electric Expense 750
Fuel Expense 650
Public Remarks Prime investment opportunity Seattles Wallingford Neighborhood close to the University of Washington! Newly constructed duplex with 5% CAP rate-more units possible w/new laws. Limited time rate buydo
Leasable Area 3930
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2200
Property Style 52 - Duplex
Cap Rate 5