Provided by NWMLS, Listed by Adam Hestad, COMPASS

1115 8th Avenue W

Seattle, WA, 98119

$2,200,000

$643 per ft²
$2,200,000
$643 per ft²
Active
Active
 - For Sale
beds
7 Beds
baths
3 Baths
carpenters-square
3,420 ft²
property_type
Residential
calendar
Built 1959
A smart investment property that provides great returns! This short-term rental property has a cap rate of 6.5%+ and a yearly net operating income (NOI) of $145k, making it an excellent opportunity for savvy investors. The property's current analysis is based on a 35% occupancy rate, but there's still potential for you to boost revenue & profits. The property has undergone a complete renovation, w high-quality finishes and beautifully appointed interiors. It features 7 bedrooms that can accommodate up to 20 guests, three bathrooms, two full kitchens, and spacious living areas for socializing. Located in a desirable and vibrant neighborhood, this property is sure to attract a diverse range of guests looking for a luxurious & convenient stay.
MLS® ID:
2044805
Listed:
3/13/23
Updated:
3/24/23

Interior Features

Kitchen Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Total Bedrooms
7
Full Bathrooms
1
3/4 Bathrooms
2
Interior Features
Ceramic Tile, Hardwood, Second Kitchen, Double Pane/Storm Window, Dining Room, Security System, Vaulted Ceiling(s), Water Heater
Floor Description
Ceramic Tile, Hardwood, Vinyl Plank
Fireplace
See Remarks
Cooling
Ductless HP-Mini Split
Heating
Ductless HP-Mini Split, Heat Pump, Wall Unit(s)

Exterior/Building Features

Lot Size
4,844 ft² lot
Exterior Features
Brick, Wood, Wood Products
Architectural Style
Contemporary
Lot Details
Curbs, Paved, Sidewalk
Roof
Flat, Torch Down
Sewer
Sewer Connected

School Information

School District
Seattle
High School
Lincoln High
Middle/Jr High
Mc Clure Mid
Elementary School
Hay

Other Property Details

Area Name
700 - Queen Anne/Magno
Taxes
$10231
Tax Frequency
per YEAR
Garage
No
Parking
None
View
Y
County
King
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5

Provided by NWMLS, Listed by Adam Hestad, COMPASS

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Data last updated 9:56 PM UTC, 3/24/23

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