Off-Market Condo at 919 2nd Ave W, Seattle, WA 98119
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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 $1,696 per month, based on similar listings in the area. Estimated short-term cap rate of 5.4%. Estimated long-term cap rate of -1.6%. Welcome to Hadley House, where classic Queen Anne charm meets uptown convenience. This South Slope gem is a block from the entrance to iconic Kerry Park, featuring proximity to the parks and shopping of upper QA, as well as Seattle Center and it’s many dining and entertainment options. This light-filled, tastefully updated unit offers hardwood floors, quartz counters, a peek-a-boo Bay view, and a living room overlooking a serene community garden. The roof deck offers stunning views, and building amenities include bike storage, storage unit, library, and a reservable lounge with overnight guest facilities. Reasonable monthly dues cover garbage, water, sewer & property taxes. Enjoy effortless living in this vibrant Queen Anne co-op community!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$485
Rental Policy
daily
Yearly Taxes
$2331
Bedrooms
1
Bathrooms
1
SQFT
586
Furnished
N/A
Year built
1960
Listing Status
Off Market
MLS
2357176

Short-term Rental Potential
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$38,112

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$435

Price/SQFT

Long-term Rental Potential
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$20,352

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,696/mo

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