West Seattle | Admiral District | Unit A—Seller Representation
Unit A / 4Bed / 2.5 Bath / Live + Work townhouse with 1,988 Livable Sq. Ft. Built in 2018 with a Walk Score of 92. The Work unit (Level 1, 288 Sq. Ft. 1 Bed / .75Bath / ADA) with separate entrance could be an ideal commercial/retail space (zoned NC2) while the Live unit (Levels 2-4, 1,633 Sq. Ft. 3 Bed / 1.75 Bath) could be a long or short term rental.
Congratulations to my Seller-Clients!
They purchased the subject home in 2018 for $800,000 and operated it as a rental property. The following are the current rental scenarios:
Live+Work space (Levels 1-4, 4BD/3BA, 1,988 sq. ft.): 3,800 $/month
Work space (Level 1, 1BD/.75BA ADA, 288 sq. ft.) zoned NC2: 1,600 $/month
Live space (Levels 2-4, 3BD/1.75BA, 1,633 sq. ft.): 3,250 $/month
Live space (Levels 2-4, 3BD/1.75BA, 1,633 sq. ft.): gross vacation/short-term rental is approximately 50,000 to 65,000 $/year.
I’d be happy to help you or someone you know prepare and list their property to maximize value for the Sellers.