Charming duplex with so many possibilities! Rent out one unit and live in the other, or rent both as an investment property. Upper unit has 3 bd/1 ba plus a large living/dining room, full kitchen, and laundry room. The downstairs 1 bedroom/1 bath apartment would be perfect for your home office or frequent out-of-town guests. It comes complete with a separate kitchen, flex room, and washer/dryer. The units are currently renting below market presenting significant rental upside. Easy commute to both North and South Seattle w/Capitol Hill Light Rail Station just 1 block away. Minutes to restaurants and shops on Broadway, Cal Anderson Park and SeattleU! Convenient to central business district and SLU. The most active neighborhood in the city!
Listing Courtesy of Northwest MLS / Windermere Real Estate/East, Inc. / Kristi Vellema
$1,150,000
Capitol Hill Area Multifamily
Active
106 10th Avenue E Seattle, WA 98102
Bed
0 Baths
2300 sqft
MLS# 2027874
Opportunity knocks in Capitol Hill! Charming home offers easy commute to both North and South Seattle with Capitol Hill Light Rail Station just 1 block away. Minutes to restaurants and shops on Broadway, Cal Anderson Park and SeattleU. Convenient to central business district and SLU. Upper unit has 3bd/1ba, formal LR/DR and W/D. The lower unit w/separate entrance has 1bd/1ba, bonus room, w/d and full kitchen. Rent both units, rent one unit and live in the other OR use as home office The units are currently renting well below market presenting significant rental upside. Proforma cap rate of 5.82% when rents are brought up to market. Newer MR1 zoning offers multiple growth options! Plenty of value-add opportunity for the savvy investor.
Listing Courtesy of Northwest MLS / Windermere Real Estate/East, Inc. / Kristi Vellema