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.
- Property TypeMulti-Family
- NeighborhoodGatewood
- CountyKing
- Taxes$8,800
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusPending
- MLS ID Number2222226
- Home Size Source Realist
- Year Built1963
- Lot Size0.1435 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 6553 42nd Avenue SW Seattle, WA 98136
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General Features
- Parking Spaces 4
- Number of Stories 2
- Acreage 0.1435
- Water Public
- Security Fully Fenced
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Lot Features CurbsPavedSidewalkValue In Land
- Parking Total 4
Interior Features
- Cooling None
- Heating BaseboardWall Unit(s)
- Flooring Ceramic TileHardwoodVinylCarpet
- Interior Ceramic TileHardwoodWall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- View Mountain(s)Sound
- Waterfront Property No
- Exterior BrickWood
- Lot CurbsPavedSidewalkValue In Land
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 140 - West Seattle
- Security Features Fully Fenced