Seattle, WA 98112,621 Malden AVE E
Seattle, WA 98112,621 Malden AVE E
Seattle, WA 98112,621 Malden AVE E
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Listed by Windermere Real Estate Co.
$1,950,000
Est. payment /mo
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10 BD
9 BA
2,806 SqFt
Active

621 Malden AVE E Seattle, WA 98112

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UPDATED:

02/20/2025 07:19 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,806 sqft

Price per Sqft $694

Subdivision Capitol Hill

MLS Listing ID 2324641

Style 52 - Duplex

Bedrooms 10

HOA Fees $50/ann

Year Built 2022

Annual Tax Amount $17,760

Lot Size 2,023 Sqft

Property Sub-Type Multi-Family

Property Description

Highly Successful Airbnb property in North Capitol Hill. Custom design & built 2022.(Guests Unaware so drive by but do not approach bldg). Giant Duplex/ADU: 8-BR/8-Bath + 2-BR/1-Bath. High occupancy finishes + commercial systems to mid-rise code: fully sprinklered, 2 hour fire walls int & ext, elec heat pump hot water, 1.5" supply, etc. In a city w/ $150-$1000+ hotels, Owner/ BnB Manager built loyal guests @ $60-$120+, see Game of Thrones/ House of the Dragon decor & marketing theme. List price incl all furniture, linens, furnished kitchens & intellectual properties. Short term rental use phased in 2024, now 2025 reso's are soaring. $247K GAI 2024, charting $296K GSI/ $164K NOI/ 8.4 Cap in 2025. Exc BnB prop loans @ 7.0%. More info Avail.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Cable TV, Fenced-Partially, Rooftop Deck

View Y/N Yes

View City, Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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