Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1909
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 110475
Insurance Expense 3750
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Queen Anne
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take exit 167 toward Mercer St. Continue on Mercer turn right on 5th Ave N then left on Taylor Ave N. Turn right on Prospect St. 554 Prospect is on the left in Queen Anne.
High School Buyer To Verify
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 5
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 3813
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out
Elementary School Buyer To Verify
Tax Annual Amount 13807
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Lower Queen Anne/Uptown: the best/closest neighborhood to downtown Seattle. Great for an owner-operator or remote owner 554 Prospect is a rarely available purpose-built and recently renovated 5-unit
Leasable Area 3977
Virtual Tour https://my.matterport.com/show/?m=xSyaXcXxY5u
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Water Company SPU
Units Below Grade true
Units In Building Total 5
Water Sewer Garbage 8804
Property Style 55 - 5-9 Units
Cap Rate 5.67