621 Malden Avenue E
Seattle, WA 98112
2806 sqft | 0.05 acres | #2324641
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.
Property Details
- Exterior FeaturesCable TV, Fenced-Partially, Rooftop Deck
- Lot DescriptionCurbs, Paved, Sidewalk
- ViewCity, Territorial
- Date ListedJanuary 28, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Exterior MaterialsCement Planked
- Property TypeMulti-Family
- SubdivisionCapitol Hill
- Property SubtypeMulti-Family
- Style52 - Duplex
- Original List Price$1,950,000
- Property ConditionVery Good
- School DistrictSeattle
- Taxes Annual$17,760
- MLS #2324641
- Cost1950000
- MLS #2324641
- Acres0.0464
- Utility SourcePublic
- Structure TypeDuplex
- Square Feet2806
- Year Built2022
- CountyKing
- Hoa Fees50
- Stories4
- Days on Market (Cumulative)2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-29 19:45:10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Matt Townsend (#NWM7208)
Listing Office: Windermere Real Estate Co. (#NWM7192)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
