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10601 55th Avenue S

Seattle, WA 98178
  • $628,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 1861223
UPDATED: 50 min ago
$628,000
  • 5
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,910
    SQFT
  • $329
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of Compass.

Description

Investor alert! Fantastic cash flow opportunity is waiting for you. This house is currently rented out as a triplex, with $4,400 gross rental income each month, which is equivalent to an incredible over 8% cap rate! One 3 bed, 1 bath unit, and two 1 bed, 1 bath units. One of the 1 bed unit is completely remodeled with new granite countertops, cabinets, and floor. The other two units haven't been remodeled yet, but with new paints. Live in one unit and rent out the other two, or rent all three units out and collect over $4000 cash each month. 15 min to Seattle downtown. Great location, house has been rented out without vacancy over 9 years. Don't miss this rare opportunity. See it today before it's gone.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than McAuley Homes are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-01T13:14:55.8.

www.mcauleyhomes.com/homes/123193471
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10601 55th Avenue S Seattle, WA 98178

  • Price: $628,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 50 min ago
  • ID#: 1861223
5
Beds
3
Baths
0
½ Baths
0.24
Acres
1,910
SQFT
$329
$/SQFT
1955
Built
Neighborhood:
Upper Rainier Beach
County:
King
Area:
Skyway Area
School District:
Seattle
Property Description
Investor alert! Fantastic cash flow opportunity is waiting for you. This house is currently rented out as a triplex, with $4,400 gross rental income each month, which is equivalent to an incredible over 8% cap rate! One 3 bed, 1 bath unit, and two 1 bed, 1 bath units. One of the 1 bed unit is completely remodeled with new granite countertops, cabinets, and floor. The other two units haven't been remodeled yet, but with new paints. Live in one unit and rent out the other two, or rent all three units out and collect over $4000 cash each month. 15 min to Seattle downtown. Great location, house has been rented out without vacancy over 9 years. Don't miss this rare opportunity. See it today before it's gone.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Entry Location Main Exterior Features Wood Garage YN No Levels One Lot Features Corner LotHigh Voltage LineOpen SpacePaved Open Parking YN No Parking Features Rv ParkingOff Street Parking Total 0 Roof Composition Structure Type House Style Code 10 - 1 Story Topography LevelPartialslopeRollingSloped Vegetation BrushGarden Space View YN No Waterfront YN No

Interior Features

Appliances DryerRefrigeratorStove/RangeWasher Appliances Included DryerRefrigeratorStove/RangeWasher Basement None Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 0 Baths Full Upper 0 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 3 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 0 Building Area Total 1910 Cooling YN Yes Fireplace YN No Flooring HardwoodLaminateLaminateVinyl Furnished Unfurnished Heating Cooling Type Ductless Hp-Mini Split Heating YN Yes Interior Features Ductless Hp-Mini SplitHardwoodLaminateLaminate Hardwood Living Area 1910 Main Level Bedrooms 5 Rooms Bathroom Three Quarter (Main Level) Bathroom Three Quarter (Main Level) Bathroom Three Quarter (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Entry Hall (Main Level) Kitchen Without Eating Space (Main Level) Kitchen Without Eating Space (Main Level) Kitchen Without Eating Space (Main Level) Utility Room (Lower Level) Square Footage Finished 1910 Square Footage Unfinished 0

Property Features

Building Information Built On Lot Building Name Hillmans Cd Meadow Gardens Div 04 Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Inclusions DryerRefrigeratorStoverangeWasher Irrigation Water Rights YN No Listing Terms Cash OutConventional New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Residential Senior Community YN No Senior Exemption No Sewer Sewer Connected Site Features DeckHigh Speed InternetRV Parking Special Listing Conditions None Tax Annual Amount 4724 Tax Year 2021 Utilities High Speed InternetHigh Voltage LineSewer ConnectedElectricity Available Water Source Public Zoning Jurisdiction County

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by McAuley Homes and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than McAuley Homes are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-01T13:14:55.8.

 
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McAuley Homes
920 Alder Ave., Suite 202
Sumner WA, 98390
Listing Courtesy of Compass.