Off-Market Condo at 1107 E Denny Way, Seattle, WA 98122

1107 E Denny Way, Seattle, WA 98122

Unit - #A-4

$345,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $156 per day and long-term for an average of $1,998 per month, based on similar listings in the area. Estimated short-term cap rate of 1.2%. Estimated long-term cap rate of -2.3%. This delightful Capitol Hill Co-Op is the perfect combination of vintage charm & modern updates! Unit is on entry level for convenience and features classic details; 9-ft ceilings, large living room, vinyl wood-like & tile flooring, lots of natural light, glass paned doors, ample kitchen with storage & open shelving, new range, expanded bedroom closet and refreshed bathroom. Sleep well in a secure building with strong Co-Op board. Dues include heat, water, internet, free laundry & property taxes. Pet-friendly building with a designated storage locker and bike storage. Rated a 97 Walk Score and the ideal location next to Cal Anderson Park, close to Light Rail, Seattle colleges, restaurants, bars, coffee shops, shopping. Financing available!

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$610
Rental Policy
daily
Yearly Taxes
$2499
Bedrooms
1
Bathrooms
1
SQFT
529
Furnished
N/A
Year built
1989
Listing Status
Off Market
MLS
2347781

Short-term Rental Potential
arrow_drop_up

$36,084

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$652

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$23,976

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$1,998/mo

Rent