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LCR
605 W Emerson Street, Seattle, WA 98119
- $1,135,500
- 2,630
- SqFt
Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; ; Selling Office: Globenex Realty.
- Sold Price
- $1,135,500
- List Price
- $1,095,000
- Status
- SOLD
- MLS#
- 2442030
- Closing Date
- Dec 12, 2025
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,630
- Area Total SqFt
- 2630
- Annual Tax Ammount
- 10647
- Lot Size (sq ft)
- 4,400
- Sewer
- Sewer Connected
- Offer Review Date
- 2025-10-23
Property Description
605 W Emerson St is a classic 1960 triplex delivered fully vacant at closing, offering immediate rental income or renovation potential. The triplex is located on a quiet street between Ballard, Fremont, South Lake Union, and Downtown Seattle. Each spacious unit features full kitchens with cabinetry and granite countertops, plus recent system upgrades including roof replacement in 2017, copper & pex plumbing, double-pane windows, and hot water tanks replaced in 2020. A common laundry/storage area offers potential to add net rentable square footage or an additional unit (buyer to verify). Strong upside and prime location make this a standout opportunity for both owner-user and experienced investors.
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Additional Information
- Community
- Queen Anne
- Net Operating Income
- $62,178
- Gross Adjusted Income
- $72,789
- Gross Scheduled Income
- $76,620
- Total Monthly Income
- $6,888
- Insurance Expenses
- $2,400
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 14.3
- Total Expenses
- $16,647
- Cap Rate
- 5.68
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 605
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1960
- Roof
- Flat
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $6,888
- Gross Scheduled Income
- $76,620
- Vacancy Rate
- 5
- Gross Adjusted Income
- $72,789
- Tax Year
- 2025
- Insurance Expense
- $2,400
- W/S/G Expenses
- $3,600
- Total Expenses
- $16,647
- Net Operating Income
- $62,178
- Gross Rent Multiplier
- 14.3
- Cap Rate
- 5.68
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.