🏠 Seller Financed Duplex In Tukwila @ 3.5% Interest Only 🏠 INSTANT CASH-FLOW 📈

King County, Tukwila, WA, 98188
Sold
Listed at: February 15th, 2024
Price
$750,000
Sq. Footage
2389
Type
Single-Family
Parking
Off street
Year build
1936
Lot size
10006.00 sqft
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

💰 Financial Details:

  • $820,000 Purchase Price
  • Cash down payment of $220,000
  • $600,000 financed over 8 years at 3.5% interest-only
  • $1,750/monthly Interest Only payment (Property Tax & Insurance paid separately)

🏡 Anticipated rent per unit: 

  • Unit A (4/2, 1,544 SF): $3,300/mo
  • Unit B (1/1, 854 SF): $1,800/mo
  • Total anticipated rents: $5,100 +/mo
  • Projected net cash flow: $1,800-$2,000+ per month 🏡 

🏡 Property Details:

  • Legal duplex
  • Separately metered
  • Unit breakdown: - Unit A: 5 beds, 3 baths, 1,544 SF - Unit B: 4 beds, 2 baths, 854 SF - Potential to add a second bedroom to Unit B -

🏡 Wow Factors: 

  • Fully remodeled home
  • Large private concrete driveway
  • Located at a dead-end street
  • Peaceful neighborhood
  • Surrounded by new construction
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Aleksey Avramenko

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