6318 41st Avenue SW Unit #A-F, Seattle, WA 98136
- $4,500,000
- 8,664
- SqFt
Listing courtesy of Columbia Partners Real Estate.
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- 2541407
- Days on Market
- 39
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 8,664
- Area Total SqFt
- 8664
- Annual Tax Ammount
- 42000
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.
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Additional Information
- List Date
- 2026-06-17 17:38:16
- Community
- Fauntleroy
- Net Operating Income
- $276,000
- Gross Adjusted Income
- $324,000
- Gross Scheduled Income
- $324,000
- Total Monthly Income
- $27,000
- Insurance Expenses
- $6,000
- Gross Rent Multiplier
- 13.89
- Total Expenses
- $48,000
- Cap Rate
- 6.1
- Total Number of Units
- 6
- Unit Name
- 6318
- Potential Terms
- Cash
- Year Built
- 2026
- View
- Mountains, Sound, Territorial
- Roof
- Flat
- Site Features
- Cable TV, Electric Car Charging, Fenced-Partially, High Speed Internet, Patio, Rooftop Deck
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $27,000
- Gross Scheduled Income
- $324,000
- Gross Adjusted Income
- $324,000
- Insurance Expense
- $6,000
- Total Expenses
- $48,000
- Net Operating Income
- $276,000
- Gross Rent Multiplier
- 13.89
- Cap Rate
- 6.1
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.