621 Malden Avenue E Seattle, WA 98112
Listing Courtesy of: Northwest MLS / Windermere Real Estate Co. / Matthew Townsend / Tom Cowan

  621 Malden Avenue E Seattle, WA 98112

Active (25 Days)
$1,950,000

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.

MLS #:
2324641
Taxes
$17,760(2025)
Lot Size
2,023 SQFT
Type
Multifamily
Building Name
Unit Lot Subdivision #3041941-Lu
Year Built
2022
Style
Duplex
Views
Territorial, City
School District
Seattle
County
King County
Community
Capitol Hill

Listed By

Matthew Townsend, Windermere Real Estate Co.
Tom Cowan, Windermere Real Estate Co.
Source
Northwest MLS as distributed by MLS Grid
Last checked Feb 22 2025 at 11:18 PM GMT+0000
Bathroom Details
Subdivision
  • Capitol Hill
Lot Information
  • Sidewalk
  • Paved
  • Curbs
Property Features
  • Rooftop Deck
  • Fenced-Partially
  • Cable Tv
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
Homeowners Association Information
  • Dues: $50/Annually
Flooring
  • Vinyl Plank
Exterior Features
  • Cement Planked
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Generation:, Green Efficiency: Thermal Windows, Green Efficiency: Advanced Wall, Green Verification: Built Green™
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

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Disclaimer: Based on information submitted to the MLS GRID as of 2/22/25 15:18. 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.