621 Malden Avenue E, Seattle, WA

621 Malden Avenue E, Seattle, WA, USA

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842 m2

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Washington

Description

Highly Successful Airbnb property in North Capitol Hill. Custom design & built 2022.(Guests Unaware so drive by but do not approach bldg). Giant Duplex/ADU: 8-BR/8-Bath + 2-BR/1-Bath. High occupancy finishes + commercial systems to mid-rise code: fully sprinklered, 2 hour fire walls int & ext, elec heat pump hot water, 1.5" supply, etc. In a city w/ $150-$1000+ hotels, Owner/ BnB Manager built loyal guests @ $60-$120+, see Game of Thrones/ House of the Dragon decor & marketing theme. List price incl all furniture, linens, furnished kitchens & intellectual properties. Short term rental use phased in 2024, now 2025 reso's are soaring. $247K GAI 2024, charting $296K GSI/ $164K NOI/ 8.4 Cap in 2025. Exc BnB prop loans @ 7.0%. More info Avail. Schedule a Private Showing

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$1.95 M

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Matt Townsend

$1.95 M
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Matt Townsend