Provided by NWMLS, Listed by Windermere Real Estate Co.
Active
621 Malden Avenue E
Seattle WA, 98112
$1,950,000
$694.94 per sqft
Active
2,806 sqft
Multi-family
Built in 2022
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.
2324641
MLSⓇ ID
January 28, 2025
Listed
February 19, 2025
Updated
Interior Features
Total Stories
4
Floor Description
Vinyl Plank
Fireplace
No
Cooling
Yes
Cooling Description
Ductless HP-Mini Split
Heating
Yes
Heating Description
Wall Unit(s)
Exterior/Building Features
Lot Size
0.05 Acres
Exterior Features
Cement Planked
Lot Features
Curbs, Paved, Sidewalk
Roof
Composition
Sewer
Sewer Connected
Security
Fully Fenced
School Information
School District
Seattle
Other Property Details
Area Name
390 - Central Seattle
Taxes
$17,760
Tax Frequency
Annually
Association Fee
$50
Association Fee Frequency
Yearly
Garage
No
Parking Total
0
View
Yes
View Description
City, Territorial
County
King
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/23/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/23/2025 at 9:00 PM UTC . 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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Data last updated on 2/23/2025 at 9:00 PM UTC
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