PROPERTIES FOR SALE

621 Malden Avenue E Seattle, WA 98112

NWMLS Courtesy of Windermere Real Estate Co.
621 Malden Avenue E
Seattle, WA 98112
$1,950,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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 Features

Community: Capitol Hill
Duplex
View: City
View: Territorial
Cable TV
Fenced-Partially
Rooftop Deck
Exterior: Cement Planked
Roof: Composition
Year Built: 2022
HOA Dues: $50
2025 Taxes: $17760.00
Listing #: 2324641

Lot Details

Lot Size: 0.05 acres
Curbs
Paved
Sidewalk
No. of Units: 2

Interior

Cooling: Ductless HP-Mini Split
Heating: Wall Unit(s)
Electric

Common Features

Basement
Energy Package
Fire Sprinklers
Thermal Windows
See Remarks

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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