That is too cheap even for the land... You happened to pick one of the worst gang / drug areas in Seattle!

Here is what that square footage goes for in good condition and in good suburb in Seattle area: https://www.zillow.com/homedetails/1513-3rd-Place-Kirkland-WA-98033/48889624_zpid/?utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshare