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Image 1 - 7019 16th Avenue Southwest, Seattle, WA 98106, USA - House for sale

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Home For Sale In Seattle, Washington

7019 16th Avenue Southwest, Seattle, WA 98106, USA

Home For Sale In Seattle, Washington

house for sale

Listed: 04/09/24

7019 16th Avenue Southwest, Seattle, WA 98106, USA

Studio Bed:

3,300 Sq Ft Living Area:

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Price

$ 1,5M

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About This House

9 Bedroom Rooming house within walking distance of South Seattle College. This remodeled 9 unit rooming house has 8 individual rooms with a 1bedroom 1 bath. All units have their own individual bathroom and share a common kitchen and laundry. Walking distance to South Seattle College makes this an ideal location. Each unit has enough space to comfortably fit a bed, fridge, tv, desk, and more. Market cap rate is a 6.4%. Building is completely vacant allowing an investor to pick their own tenants. Location is only 13 minutes from downtown, minutes from the Junction and only 10 minutes away from Alki beach. This is great investment in a growing neighborhood! Matterport link available for tours.

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Highland Park Housing & Living

Household Income

Median household income: $93,481

Number of households: 338,002

The average household income in Seattle, WA grew from $86,822 to $93,481 in the past year. This data is an estimate based upon 338,002 households in Seattle, WA.
The chart below presents how household income is distributed in Seattle, WA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Seattle, WA compared to median property taxes around the country. The prevalent amount of property taxes in Seattle, WA equals $3k+ , which is more than the national average.