6635 Carleton Avenue S, Seattle, WA 98108
- $1,399,000
- 2,910
- SqFt
Listing courtesy of Skyline Properties, Inc..
- List Price
- $1,399,000
- Status
- ACTIVE
- MLS#
- 2542292
- Days on Market
- 38
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,910
- Area Total SqFt
- 2910
- Annual Tax Ammount
- 9710
- Lot Size (sq ft)
- 3,048
- Sewer
- Sewer Connected
Property Description
The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.
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Additional Information
- List Date
- 2026-06-18 18:13:11
- Community
- Georgetown
- Net Operating Income
- $63,996
- Gross Adjusted Income
- $85,200
- Gross Scheduled Income
- $85,200
- Total Monthly Income
- $7,600
- Insurance Expenses
- $2,180
- Water/Sewer/Garbage Expenses
- $8,000
- Gross Rent Multiplier
- 16.43
- Total Expenses
- $21,204
- Cap Rate
- 4.57
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 6635
- Potential Terms
- Cash, Conventional
- Year Built
- 1908
- Roof
- Built-Up
- Other Expenses
- 1314
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $7,600
- Gross Scheduled Income
- $85,200
- Vacancy Rate
- 3
- Gross Adjusted Income
- $85,200
- Tax Year
- 2025
- Insurance Expense
- $2,180
- W/S/G Expenses
- $8,000
- Total Expenses
- $21,204
- Net Operating Income
- $63,996
- Gross Rent Multiplier
- 16.43
- Cap Rate
- 4.57
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.