514 E Denny Way, Seattle, WA 98122

$1,598,800
2,510
SqFt

Listing courtesy of Keller Williams Rlty Bellevue.

List Price
$1,598,800
Status
ACTIVE
MLS#
1877047
Days on Market
184
Style
53 - Tri-plex
Finished SqFt
2,510
Area Total SqFt
2510
Lot Size (sq ft)
1,505

Property Description

Investor alert! Turn key income property. Rare adjoining 2 parcels at the heart of Capitol Hill (check MLS#1877055). MR Zoning, great potential for upgrade or multi-unit development. 2nd and 3rd unit with den. Prime location in the coveted neighborhood of Capitol Hill provides easy access to countless restaurants, coffeeshops, shopping, grocery stores, transportation, and entertainment options. Walking distance to the Spheres. This exceptional location coupled with unique house-like living is proven to be very desirable, resulting in higher income and ultra low vacancy.

Additional Information

List Date
2021-07-25 23:47:10
Community
Capitol Hill
Potential Terms
Cash Out, Conventional
Year Built
1914
View
City
Roof
Composition
Site Features
Cable TV, High Speed Internet
Heating/Cooling Type
Baseboard
Energy Source
Electric
School District
Seattle
Elementary School
Lowell
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$4,800
Gross Scheduled Income
$57,600
Gross Adjusted Income
$57,600
Tax Year
2021
Total Expenses
$6,545
Net Operating Income
$51,054
Gross Rent Multiplier
27.76
Cap Rate
3.2
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