Listing Provided Courtesy Of:
COMPASS and NWMLS
Address
10601 55th Avenue S Seattle, WA
Price
$ 628,000
Property Attributes
  • ID#1861223
  • TypeSingle Family
  • CountyKING
  • CitySeattle
  • AreaSkyway Area
  • NeighborhoodUpper Rainier Beach
  • Zip98178
  • Style1 Story
  • Year Built1955
  • Taxes$ 4724
  • Price$ 628,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1910
  • Lot Size10,393 SqFt
Listing Provided Courtesy Of:
COMPASS and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Investor alert! Fantastic cash flow opportunity is waiting for you. This house is currently rented out as a triplex, with $4,400 gross rental income each month, which is equivalent to an incredible over 8% cap rate! One 3 bed, 1 bath unit, and two 1 bed, 1 bath units. One of the 1 bed unit is completely remodeled with new granite countertops, cabinets, and floor. The other two units haven't been remodeled yet, but with new paints. Live in one unit and rent out the other two, or rent all three units out and collect over $4000 cash each month. 15 min to Seattle downtown. Great location, house has been rented out without vacancy over 9 years. Don't miss this rare opportunity. See it today before it's gone.

Price History
11/10/2021 Listed $628,000

General Features

Appliances Dryer, Refrigerator, Stove/Range, Washer
Attached Garage No
Basement None
Building Area Units Square Feet
Building Name Hillmans Cd Meadow Gardens Div 04
Carport Y/N No
City Seattle
County King
Directions Renton Ave. S West on Bangor. Left on 55th. First house on right corner
Entry Location Main
Exterior Features Wood
Flooring Hardwood, Laminate, Laminate, Vinyl
Garage Y/N No
High School District Seattle
Interior Features Ductless HP-Mini Split, Hardwood, Laminate, Laminate Hardwood
Levels One
Lot Size Square Feet 10393
MLS Area 360 - Skyway Area
New Construction No
Possession Closing
Property Style 10 - 1 Story
Property SubType Residential
Property Type Residential
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 55th
Structure Type House
Subdivision Name Upper Rainier Beach
Tax Annual Amount 4724
Tax Year 2021
Terms Cash Out, Conventional
Topography Level, PartialSlope, Rolling, Sloped
Utilities High Speed Internet, High Voltage Line, Sewer Connected, Electricity Available
Virtual Tour https://my.matterport.com/show/?m=AzCsVX9Et4u&mls=1&hl=0&ts=1
Year Built 1955

Interior Features

3/4 Baths 3
Air Conditioning Y/N Yes
Bathrooms 2.25
Baths Three Quarter Main 3
Bedrooms Possible 5
Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area 1910
Living Area Units Square Feet
Main Level Bedrooms 5
Power Production Type Electric
Street Suffix Avenue
Total Baths 3
Total Bedrooms 5

Exterior Features

Building Area Total 1910
Foundation Details Poured Concrete
Inclusions Dryer, Refrigerator, StoveRange, Washer
Irrigation Water Rights Y/N No
Lot Features Corner Lot, High Voltage Line, Open Space, Paved
Lot Size Acres 0.2386
Lot Size Units Square Feet
Open Parking Y/N No
Parking Features RV Parking, Off Street
Site Features Deck, High Speed Internet, RV Parking
Vegetation Brush, Garden Space
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98178

Price
AVG $670K
$630K
Taxes
AVG $5,787
$4,724
Visits
AVG 54
8
Year Built
AVG 1962
1955
Walkscore
AVG 36
18
Data Provided by Walkscore ® not using MLS data

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