1007 N Motor Place, Seattle, WA 98103

$1,150,000
2,150
SqFt

Listing courtesy of Redfin. Selling Office: COMPASS.

Sold Price
$1,150,000
List Price
$1,195,000
Status
SOLD
MLS#
2000894
Closing Date
Nov 14, 2022
Days on Market
6
Style
52 - Duplex
Finished SqFt
2,150
Area Total SqFt
2150
Annual Tax Ammount
6376
Lot Size (sq ft)
2,400
Sewer
Sewer Connected

Property Description

This extensively updated Craftsman in amazing location right on the border of Fremont/Wallingford is a true gem! Beautiful move-in ready home with newly refinished fir floors, fresh paint throughout, recently remodeled kitchen, all electrical & plumbing updated & recent exterior paint. Ideal property for owner occupancy w/ income from 2 BR apt on lower level, or easy to convert to single family home. In main home, enjoy a great layout with 3 bedrooms w/ walk-in closets upstairs, and light-filled living spaces with spacious living room, oversized formal dining room, & stunning new kitchen with charming butler's pantry + access to covered deck. Attached carport + driveway parking. Updated 2BR apt downstairs has full kitchen, bath, & laundry.

Additional Information

List Date
2022-11-08 00:00:00
Community
Fremont
Net Operating Income
$50,788
Gross Adjusted Income
$61,523
Gross Scheduled Income
$64,200
Total Monthly Income
$5,350
Insurance Expenses
$1,359
Gross Rent Multiplier
18.61
Total Expenses
$10,735
Cap Rate
4.25
Vacancy Rate
4
Total Number of Units
2
Unit Name
1007
Potential Terms
Cash Out, Conventional
Year Built
1902
View
City, Partial, Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Heating/Cooling Type
Baseboard, Forced Air, Stove/Free Standing, Tankless Water Heater
Other Expenses
3000
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Bf Day
Middle School
Hamilton Mid
High School
Lincoln High
Total Monthly Income
$5,350
Gross Scheduled Income
$64,200
Vacancy Rate
4
Gross Adjusted Income
$61,523
Tax Year
2021
Insurance Expense
$1,359
Total Expenses
$10,735
Net Operating Income
$50,788
Gross Rent Multiplier
18.61
Cap Rate
4.25
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