New ListingExceptional duplex investment or house-hacking opportunity featuring a 6.5% Cap Rate and strong immediate cash flow in an area already transformed. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property comprises two fully detached, well-maintained cottages with zero shared walls. The tenants love the privacy and have been there since 2022. The spacious 2-bedroom front unit and the 1-bedroom rear unit complete with a private double driveway and new security gate-generate a combined gross income of over $4000 per month. Boasting an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Seller is executing 1031 exchange. Schedule your tour today!
| MLS # | 2584800 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 5 |
| Listing Provided By | Inspire Realty | Autumn Allen |
| SQ Feet | 1,250 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.10 |
| Property View | Yes |
| Property | 4728 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 140 West Seattle |
| Community Name | South Park |
| Listing VS Median (in South Park) | |
Price: $625,000 low | high Med: $532,450 sqft: 1,250 low | high Med: 1,147 $ / sqft: $500 low | high Med: $506 On site: 5 low | high Med: 10 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 140 West Seattle |
| Community Name | South Park |
| Listing VS Median (in South Park) | |
Price: $625,000 low | high Med: $532,450 sqft: 1,250 low | high Med: 1,147 $ / sqft: $500 low | high Med: $506 On site: 5 low | high Med: 10 | |