6620 Carleton Avenue S, Seattle, WA 98108
- $989,000
- 3,550
- SqFt
Listing courtesy of The Agency Seattle.
- List Price
- $989,000
- Status
- ACTIVE
- MLS#
- 2578910
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,550
- Area Total SqFt
- 3550
- Annual Tax Ammount
- 8452.87
- Lot Size (sq ft)
- 2,468
- Sewer
- Sewer Connected
Property Description
Fully leased Georgetown triplex offering immediate income and compelling future upside. Currently generating $6,800/month in gross rent, this remodeled property features a desirable unit mix with an upper 3 bedroom, 1 bath residence plus two lower 2 bedroom, 1 bath units. Recent improvements include a new roof and air conditioning for all units, adding to the property’s long-term appeal and tenant comfort. Enjoy an established income stream in one of Seattle’s most distinctive neighborhoods, close to Georgetown’s vibrant dining, arts and creative scene with convenient access to I-5, SoDo and Downtown Seattle. Previously approved plans for an additional basement dwelling unit are available, presenting an exciting potential value-add opportunity subject to current permitting and buyer verification. An exceptional opportunity to acquire a fully occupied Seattle multifamily asset with income in place and long-term potential.
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Additional Information
- List Date
- 2026-09-10 17:51:15
- Community
- Georgetown
- Net Operating Income
- $73,147
- Gross Adjusted Income
- $81,600
- Gross Scheduled Income
- $81,600
- Total Monthly Income
- $6,800
- Gross Rent Multiplier
- 12.12
- Total Expenses
- $8,452
- Cap Rate
- 7.4
- Total Number of Units
- 3
- Unit Name
- 6620
- Potential Terms
- Cash, Conventional
- Year Built
- 1900
- Roof
- Composition
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,800
- Gross Scheduled Income
- $81,600
- Gross Adjusted Income
- $81,600
- Tax Year
- 2026
- Total Expenses
- $8,452
- Net Operating Income
- $73,147
- Gross Rent Multiplier
- 12.12
- Cap Rate
- 7.4
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.