$569,997
2326 N 113th Pl , Seattle , WA 98133
Current Rent **
N/A
Projected Rent **
N/A
Unit 1 Details
- Current Rent:
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent:
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Wonderful Investment deal in Seattle
Great investment deal on a duplex in Seattle. Tax assessor has it at $672,000 and Zillow has it at $792,000. Best use of this property is probably new townhouse construction just like the neighboring lots. Last year the sellers had an offer of $900K for this duplex before investor's financing fell through. This is an estimate to build 5 units.
The property is Occupied. Do NOT visit the property without an appointment. Do not disturb the occupants.
PROPERTY INFORMATION
Address: 2326 N 113th Pl Seattle WA 98133
Bedrooms: 4
Bathrooms: 2
Square Feet: 1860
Year Built: 1950
Stories: 1
PICTURES
Link: https://drive.google.com/drive/folders/13ezSf8zgpn4oOdrDTrPzdVp7K7UKc9ad?usp=sharing
DEVELOPMENT COMPARABLES IF 5 UNITS ARE CONSTRUCTED
Townhomes New Construction Sold
547 N 103rd St
2/2.25 1,290
$589,000
10522 Whitman Ave N Unit
3/1.75 1,470
$615,000
302 N 120th St
3/2.25 1,367
$629,500
After Repaired Value
$611,166 per unit
ACQUISITION PRICE
$569,997
RENTAL POTENTIAL
$1800
REHAB COMPARABLES
DUPLEX COMPARABLES
302 NW 84th St Seattle, WA 98117
3 beds 2 baths 2,200 sqft
SOLD: $870,000 Sold on 11/26/18
Built 1947, Lot 5,420
10518 Stone Ave N Seattle, WA 98133
5 beds 3 baths 2,298 sqft
SOLD: $715,000 Sold on 08/22/18
Built 1925, Lot 4,033
GET NOTIFIED OF GREAT DEALS LIKE THIS ONE!
You can sign up to get deals sent directly to you by visiting our website www.purchasethisdeal.com
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. (If you need more information on what is an assignment of contract, click here.).
This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Location:
2326 N 113th Pl , Seattle , WA 98133
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!