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ActiveTenant Occupied

Investment Duplex — Significant Upside Potential

1710 14th Ave S, Seattle, WA, 98144
Deal Overview

Asking Price

$1,040,000

$309/sqft

After Repair Value

$1,500,000

$445/sqft

Rehab Cost

$100,000

$30/sqft

Potential Profit

$360,000

Investment Analysis

Monthly Rent

$4,498/mo

Annual Income

$53,976

NOI

$53,976/yr

Cap Rate

5.19%

Property Details

Bedrooms

4

Bathrooms

2.5

Sq Ft

3,370

Year Built

1927

Property Type

Multi Family

Condition

Needs Work

Lot Size

5,000 Square Feet

Description

Discover a compelling multi-family investment opportunity, confirmed as a duplex. This property offers significant upside potential for a savvy investor. While specific property details are limited in the provided information, the foundational structure as a duplex presents an inherent advantage for generating multiple income streams or accommodating different living arrangements. Consider this a blank canvas for various investment strategies, including a buy-and-hold for cash flow, a value-add renovation project to increase market value, or a strategic flip. The multi-family designation inherently offers flexibility in exit strategies. Buyer to independently verify property type and any other material facts.

Supporting Documents4

4 documents available

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Property Info
OccupancyTenant Occupied
AccessAppointment Only
Showing Instructions

Do not disturb tenants.

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