Mt. Baker Flip + DADU Play 🔥

Seattle, WA, 98118 view full address
For Sale
Listed at: October 21st, 2024
Price
$560,000
ARV
$1,000,000
Gross Margin
$440,000
Sq. Footage
1870
Type
Single-Family
Parking
Off street
Year build
1904
Lot size
0.08 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

South Seattle Craftsman 🔥

All photos/videos: https://drive.google.com/drive/folders/1QVxdpF09-zuhgNTS31uTMDJO_2jFnvot?usp=drive_link

 

2 bed 1 bath craftsman right between Mt. Baker and Columbia City. Living, kitchen, 1st bedroom & full bath on main floor, 2nd bedroom on upper level.

Unfinished basement (about 6' ceilings) - would need to dig out to finish basement to code.

Small backyard, DADU potential is there for 2-story 1,000sqft DADU.

 

$1,000,000 ARV w/ finished basement

$190,000 estimated rehab w/ finishing basement

$650,000-700,000 DADU ARV

Text Jem @ 425-552-2124 for fastest response

 

Property Info:

  • 2 beds / 1 bath / 1,870sqft
  • Year Built: 1904
  • Lot Size: 3,468 sqft
  • Zoning: NR3
  • ARV: $1,000,000 (Comps)

Terms:

  • Purchase Price (including assignment fee): $560,000
  • Estimated Rehab: $190,000
  • ARV: $1,000,000
  • Closing Date: 11/1/24 or sooner
  • Buyer and seller pay own closing costs, seller pays excise tax
  • Non-refundable EM Due from Buyer: $10,000
  • Property is sold in AS-IS condition

Text Jem @ 425-552-2124 for fastest response

 

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. 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.
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current deal
comparables
#2
available
$123k
sold
$99k
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Jem

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