Off-Market Condo at 827 Hiawatha PL S, Seattle, WA 98144

827 Hiawatha PL S, Seattle, WA 98144

Unit - #410

$449,950

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $174 per day and long-term for an average of $2,183 per month, based on similar listings in the area. Estimated short-term cap rate of 1.3%. Estimated long-term cap rate of -3.1%. Welcome to Pontedera Condominiums, where Urban City life & Cozy living blend seamlessly! This 2-bed, 1-bath gem puts you right in the heart of Seattle's Vibrant energy. Whether you're catching a game at Lumen Fiels or T-Mobile Park, exploring the Space Needle or city's Top Restaurants, hopping on the Amtrak Train, or commuting to nearby Hospitals & Downtown, this location offers the "Ultimate Urban Lifestyle". Enjoy an open-concept layout, Large sleek kitchen, spacious bedrooms, & a private balcony. To make life even easier, you have secured garage parking, storage unit, roof top deck, & a Community lounge. With everything at your fingertips, walk score of 89, & Light Rail Station, this is, Seattle's Vibrant living right at your doorstep!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$625
Rental Policy
daily
Yearly Taxes
$3988
Bedrooms
2
Bathrooms
1
SQFT
828
Furnished
N/A
Year built
2009
Listing Status
Off Market
MLS
2350178

Short-term Rental Potential
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$46,260

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$543

Price/SQFT

Long-term Rental Potential
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$26,196

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,183/mo

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