701 S Kenyon Street, Seattle, WA 98108
- $975,000
- 2,880
- SqFt
Listing courtesy of Skyline Properties, Inc..
- List Price
- $975,000
- Status
- ACTIVE
- MLS#
- 2566617
- Days on Market
- 1
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,880
- Area Total SqFt
- 2880
- Annual Tax Ammount
- 8683
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Turnkey 4-plex Investment in Seattle. 4 spacious units with functional layouts. 3 units are 2 bed, 1 full bathroom and 1 unit is 1 bed, 1 full bathroom. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Remodeled laundry room. 6 off street parking spots. Coin operated laundry brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. Just a short walk to Duwamish River Waterfront Park, residents can enjoy scenic river views. Walking distance to popular restaurants, providing easy access to dining and entertainment. Near Major Tech companies, Downtown Seattle, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.
Additional Information
- List Date
- 2026-08-07 07:28:10
- Community
- South Park
- Net Operating Income
- $58,529
- Gross Adjusted Income
- $75,940
- Gross Scheduled Income
- $75,940
- Total Monthly Income
- $6,245
- Insurance Expenses
- $2,628
- Water/Sewer/Garbage Expenses
- $6,100
- Gross Rent Multiplier
- 12
- Total Expenses
- $17,411
- Cap Rate
- 6.2
- Total Number of Units
- 4
- Unit Name
- 701
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1941
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $6,245
- Gross Scheduled Income
- $75,940
- Gross Adjusted Income
- $75,940
- Tax Year
- 2026
- Insurance Expense
- $2,628
- W/S/G Expenses
- $6,100
- Total Expenses
- $17,411
- Net Operating Income
- $58,529
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.2
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