Property Description

RARE OPPORTUNITY TO OWN A CONFIRMED LEGAL NON-CONFORMING DUPLEX IN THE HEART OF BELLEVUE. 0.35-ACRE CUL-DE-SAC LOT, EXCEPTIONAL FLEXIBILITY FOR INVESTORS, OWNER-OCCUPANTS, MULTI-GENERATIONAL LIVING, OR BUYERS SEEKING FUTURE POSSIBILITIES.ELIGIBLE OWNER-OCCUPANTS MAY QUALIFY FOR FINANCING REQUIRING AS LITTLE AS 5% DOWN ON MULTIFAMILY PROPERTIES, MAKING IT POSSIBLE TO LIVE IN ONE UNIT WHILE LEASING THE OTHER TO HELP OFFSET HOUSING COSTS. Current tax rate based on Commercial Use. Can easily be changed to residential rateTHE APPROXIMATELY 2,050-SQUARE-FOOT DUPLEX FEATURES A 3-BR, 1-BA UNIT AND A 2-BR, 2-BA UNIT, PLUS AN APPROXIMATELY 825-SQUARE-FOOT TWO-CAR BASEMENT GARAGE, CIRCULAR DRIVEWAY, SPACIOUS BACKYARD, AND A 13' X 14' DECK. BOTH UNITS OFFER ABUNDANT NATURAL LIGHT, CEILING FANS, GENEROUS CLOSET SPACE, AND ADDITIONAL BASEMENT STORAGE. SEPARATE W/D HOOKUPS AND WATER AND ELECTRIC METERS ARE ALREADY IN PLACE FOR EACH UNIT.THE PROPERTY HAS BEEN EXCEPTIONALLY MAINTAINED WITH NUMEROUS IMPROVEMENTS, INCLUDING ELECTRONIC GARAGE DOORS, UPDATED ELECTRICAL, HEAT PUMPS, FOUNDATION IMPROVEMENTS, UPDATED DUCTWORK, REPLACEMENT INTAKE AND DRAINAGE PLUMBING, WATER HEATERS, SLATE FLOORING IN APARTMENT A, AND A NEW ROOF INSTALLED IN 2022 WITH A TRANSFERABLE WARRANTY. ANNUAL TERMITE INSPECTIONS HAVE BEEN COMPLETED FROM 2008 THROUGH 2025, AND HVAC SYSTEMS HAVE BEEN PROFESSIONALLY SERVICED EVERY SPRING AND FALL SINCE 2008.THE PROPERTY IS CURRENTLY VACANT, ALLOWING IMMEDIATE OCCUPANCY, RENOVATION, OR TENANT PLACEMENT. THE UNITS HAVE HISTORICALLY BEEN RENTED BELOW CURRENT MARKET RATES, OFFERING EXCELLENT RENTAL INCOME POTENTIAL. LOCATED IN ONE OF BELLEVUE'S MOST DESIRABLE AND RAPIDLY GROWING AREAS, THE PROPERTY IS SURROUNDED BY NEW DEVELOPMENT AND IS CONVENIENT TO SHOPPING, DINING, PARKS, SCHOOLS, I-40, AND DOWNTOWN NASHVILLE.BUYER TO VERIFY ALL PERTINENT INFORMATION, INCLUDING SQUARE FOOTAGE, SCHOOLS, ZONING, FLOOD INSURANCE REQUIREMENTS, AND ANY FUTURE DEVELOPMENT POTENTIAL.

Property Features

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