Listing courtesy of Real Property Associates 206-523-0300
$2,550,000
Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room,… Read More new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District. Read Less
Listing Snapshot
Cumulative Days On Market
30
Last Updated
Property Type
Single Family Residence
Lot Size
0.1 Acres
MLS Number
2497174
Days online/new listing status Based on first download from the MLS.
30 Days Snapshot Of 98105
$
+23%
(avg) list price
80
+25%
homes for sale
50
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Finished"
Building
Building Area Total: 4030, Building Area Units: Square Feet, Building Information: Built On Lot, Calculated Square Footage: 4880, Elevation Units: Feet, Entry Location: Main, Levels: "Two", Living Area: 4030, Structure Type: "House", Year Built: 1922
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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