7 bed UW student Housing (3 of 3)
6.43% CAP | 7 Units
Marketing description
Washington House, a classic duplex in the heart of the University District, just a short walk from University of Washington campus. Built in 1906, this well-maintained property offers two self-contained units — each with its own kitchen, living room, and laundry — in a charming, quiet residential pocket near I-5 and light-rail/transit routes.
• Unit 1: 5 bedrooms / 1.5 baths — currently rented for $4,395/month
• Unit 2: 2 bedrooms / 1 bath — rented for $1,900/month Historically leased a full year in advance to groups of students, this property delivers stable cash flow and rental income that outpaces many Seattle-area rentals. Tenants are in place — please respect their privacy and do not disturb.
Investment highlights
Consistent demand for student housing is the key feature of this investment. Stable cash-flow with above market rental rates and below market operating expenses.
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