Incredible opportunity for investors, first-time buyers, house hackers—or even developers! This versatile property offers flexible living options with a fully equipped MIL unit on the lower level, complete with its own kitchen and full bath. Live upstairs and rent out the lower level, or maximize rental potential with both! Enjoy the expansive deck, ideal for entertaining, and a large driveway that easily fits an RV or 6+ vehicles. Covered carport and alley access add extra convenience. Located near parks, schools, shopping, and transit. With strong income potential and development upside, this is a rare find at this price. Don’t miss your chance—see it today!
ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette suite and ADU are vacant and ready to maximize returns. With professional property management available and an estimated 9.8% cap rate, this is a turnkey, scalable investment with immediate upside. Whether you’re growing a portfolio or starting your first investment, this property offers multiple strategies rental housing, workforce housing, flat-share living, or long-term rentals all in a high-demand Seattle location. Opportunities this versatile and finance-friendly don’t come along often.
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Seattle is located in Washington. Seattle, Washington 98106has a population of 726,054. Seattle 98106 is less family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Seattle, Washington 98106 is $105,391. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Seattle 98106 is 35.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 38 inches per year, with 4.6 inches of snow per year.