$950,000
42nd Avenue, Seattle, 98136
6553 42nd Avenue SW, Seattle, WA 98136
Investor Alert! Profitable investment opportunity in the heart of The vibrant Morgan Junction neighborhood of West Seattle. Two 2bed/1bath units on main floor and two 1bed/1bath units on lower level. Large deck w/westerly mountain & sound view. Garage for 2 cars plus off-street parking for 2 more cars. Alley/street access. Walk/bike to everything West Seattle has to offer. 85 walk score. Long-term tenants, low vacancies and low turnover. Significant rental upside as rents are low. The cap rate is currently sitting at 5.62%, but could be higher if an investor wants to upscale the units or get creative with shorter-term (AirBNB), higher rent leases. Zoned LR2 for future development options.
Listing Courtesy of
John L Scott Westwood
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2222226
- StatusPending
- AreaGatewood
- FlooringCeramic Tile, Hardwood, Vinyl, Carpet
- CarportNo
- CitySeattle
- CountyKing
- Exterior FeaturesBrick, Wood
- FireplaceNo
- High School DistrictSeattle
- Interior FeaturesCeramic Tile, Hardwood, Wall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesCurbs, Paved, Sidewalk, Value In Land
- Lot Acres0.1435
- Lot Square Feet6250
- New ConstructionNo
- Zip Code98136
- Property TypeMulti-Family
- RoofComposition
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1963
- Checked For Updates2024-05-14 05:01:17 PDT
Based on information submitted to the MLS GRID as of 2024-05-14 05:01:17 PDT. 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.
Loading...