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1101 N Emerson Street
This is a perfect owner occupied, Airbnb, and investment property in the heart of Cheesman Park! WITH UPDATED NUMBERS THIS PROEPRTY IS CURRENTLY A 6.72% CAP RATE. This property has a total of 4 units: three large 1/1 bath units and one two-story 5/2 bath unit that is over 2,000 SF. The units include exposed brick walls, plentiful natural light, tall ceilings, original hardwood floors, original wood work, patios, decks, and incredible historical charm. The property has a newer roof, newer furnace, copper plumbing, and mostly newer windows. It currently collects $7,600/month in rental income with very minimal expenses. Lastly, the property includes a shared yard and five off-street parking spaces. The location of this property is irreplaceable as it is only a few blocks from Cheesman Park and is surrounded by bars, nightlife, restaurants, and shopping in the Capitol Hill neighborhood. Please do not disturb tenants and contact listing broker for showing.