Bought with Westlake Associates, Inc.
$1,675,000
$1,800,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
6,450 SqFt
SOLD DATE : 11/30/2020
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,450 sqft
Price per Sqft $259
Subdivision Bitter Lake
MLS Listing ID 1606419
Sold Date 11/30/20
Style 55 - 5-9 Units
Year Built 1965
Annual Tax Amount $16,097
Lot Size 7,363 Sqft
Lot Dimensions 72x101
Property Description
Tremendous opportunity to own a well-maintained building in a key location near Thornton Creek Park. 7x 2 Bed/1.5 Bath Units with generous bedrooms and functional floor plans near shopping and amenities. Off-street parking for each unit. This building is both quick to rent and low turn over. An impressive building to add to your buy and hold portfolio. You can enjoy cash flow or take the 'value add' opportunity. Additional income from coin-op. Many possibilities here - Rents well below market.
Location
State WA
County King
Area _705Ballardgreenlak
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Northgate
Middle Schools Whitman Mid
High Schools Ingraham High
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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