1115 8th Avenue W, Seattle, WA 98119

WA, Seattle
$1,999,950
  • 7 Beds
  • 3 Bath
  • 3,420 Sqft
  • Residential Property Type
  • 1959 Year Built
  • Canceled Status
Property Description

A smart investment property that provides great returns! This short-term rental property has a cap rate of 6.4% and a yearly net operating income (NOI) of $145k, making it an excellent opportunity for savvy investors. The property’s current analysis is based on a 35% occupancy rate, but there’s still potential for you to boost revenue & profits. The property has undergone a complete renovation, w high-quality finishes and beautifully appointed interiors. It features 7 bedrooms that can accommodate up to 20 guests, three bathrooms, two full kitchens, and spacious living areas for socializing. Located in a desirable and vibrant neighborhood, this property is sure to attract a diverse range of guests looking for a luxurious & convenient stay.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2074584
  • Price: $1,999,950
  • View: Mountain(s),Sound
  • Bedrooms: 7
  • Bathrooms: 3
  • Square Footage: 3,420 Sqft
  • Year Built: 1959
  • Lot Area: 0.11 Acre
  • Status: Canceled
  • Office Name: COMPASS
  • Agent Name: Adam Hestad
  • Full Bathrooms: 1
  • Property Sub Type: Residential
  • Roof: Torch Down, Flat
Features
  • Heating System Heat Pump, Wall Unit(s), Ductless HP-Mini Split
  • Cooling System Ductless HP-Mini Split
  • Basement Finished
  • Fireplace See Remarks
  • Parking None
  • Architectural Style Contemporary
  • Exterior Features Wood, Wood Products, Brick
  • Fireplaces Total: 2
  • Flooring Ceramic Tile, Hardwood, Vinyl Plank
  • Interior Features Ceramic Tile, Double Pane/Storm Window, Fireplace, Hardwood, Security System, Vaulted Ceiling(s), Second Kitchen, Dining Room, Water Heater
  • Sewer Sewer Connected
Appliances
  • Dishwasher
  • Refrigerator
  • Stove/Range
  • Microwave
  • Dryer
  • Washer
Address Map
  • Country US
  • State WA
  • County King
  • City Seattle
  • Zipcode 98119
  • Street: 8th
  • Street Number: 1115
  • Street Suffix: Avenue
  • Longitude: W123° 37' 55.1''
  • Latitude: N47° 37' 45.5''
  • Direction Faces: West
  • Directions: Driving north on Queen Anne Ave, turn west onto W Galer St to W Blaine St. Turn south on 8th Ave. Property is on right hand side.
  • Mls Area Major: _700QueenAnneMagnolia
  • Street Dir Suffix: W
Neighborhood
  • Elementary School: Hay
  • High School: Lincoln High
  • High School District: Seattle
  • Middle School: Mc Clure Mid
Additional Information
  • Water Source: Public
  • On Market Date: 2023-05-30
  • Lot Features: Paved, Curbs, Sidewalk
  • Levels: One
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 10231
Listing Information
  • Co List Agent Full Name: Tyler Davis Jones
  • Co List Agent Mls Id: 97624
  • Co List Office Mls Id: 5773
  • Co List Office Name: COMPASS
  • List Agent Mls Id: 59600
  • List Office Mls Id: 5773
  • Listing Term: Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2023-08-26T18:36:09Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-08-26T18:34:31Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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