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Image 1 - 6553 42nd Avenue Southwest, Seattle, WA 98136, USA - House for sale
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Image 4 - 6553 42nd Avenue Southwest, Seattle, WA 98136, USA - House for sale
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Home For Sale In Seattle, Washington
6553 42nd Avenue Southwest, Seattle, WA 98136, USA

Home For Sale In Seattle, Washington

house for sale
Listed: 04/23/24

6553 42nd Avenue Southwest, Seattle, WA 98136, USA

Studio Bed:
3,460 Sq Ft Living Area:
Price
$ 950,000
Sold

About This House

Investor Alert! Profitable investment opportunity in the heart of The vibrant Morgan Junction neighborhood of West Seattle. Two 2bed/1bath units on main floor and two 1bed/1bath units on lower level. Large deck w/westerly mountain and sound view. Garage for 2 cars plus off-street parking for 2 more cars. Alley/street access. Walk/bike to everything West Seattle has to offer. 85 walk score. Long-term tenants, low vacancies and low turnover. Significant rental upside as rents are low. The cap rate is currently sitting at 5.62%, but could be higher if an investor wants to upscale the units or get creative with shorter-term (AirBNB), higher rent leases. Zoned LR2 for future development options.

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