10653 10655 22nd Place S, Seattle, WA 98168

$1,377,500
2,920
SqFt

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Listing courtesy of 5 Corners Realty LLC.

List Price
$1,377,500
Status
ACTIVE
MLS#
2433334
Days on Market
472
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
2,920
Area Total SqFt
2920
Annual Tax Ammount
931.33
Internet Provider
Xfinity, T-mobile or Verizon
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled in 2018. All furnishing are included so the new owner can continue with the on-going short/mid term rentals into the busy summer season. New owner can also live in one house and have the income from the other houses to cover a big part of the mortgages. If condominium is recorded at the County, new owner can immediately sell three houses separatel

Additional Information

List Date
2025-04-10 22:10:26
Community
Boulevard Park
Net Operating Income
$5,746
Gross Scheduled Income
$7,000
Total Monthly Income
$7,000
Insurance Expenses
$123
Water/Sewer/Garbage Expenses
$200
Gross Rent Multiplier
5.79
Total Expenses
$1,254
Cap Rate
4.76
Vacancy Rate
7
Total Number of Units
3
Unit Name
10653 10655
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1946
View
Territorial
Roof
Composition
Site Features
Electric Car Charging, Gas Available, RV Parking
Energy Source
Electric
School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,000
Gross Scheduled Income
$7,000
Vacancy Rate
7
Tax Year
2024
Insurance Expense
$123
W/S/G Expenses
$200
Total Expenses
$1,254
Net Operating Income
$5,746
Gross Rent Multiplier
5.79
Cap Rate
4.76
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.
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