Bought with Raven Commercial Real Estate
$2,080,000
$2,100,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
10.5 Baths
6,110 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $2,080,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,110 sqft
Price per Sqft $340
Subdivision Fairmount
MLS Listing ID 2288342
Sold Date 10/04/24
Style 56 - 10+ Units
Bedrooms 11
Year Built 1987
Annual Tax Amount $20,910
Lot Size 6,237 Sqft
Property Description
Findlay Court is a meticulously maintained 10-unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth. Rents are currently about 25% below market in current unit conditions presenting a significant opportunity to increase rents and improve cash flow.
Location
State WA
County King
Area 140 - West Seattle
Interior
Fireplace false
Exterior
Exterior Feature Stucco
Waterfront No
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
GET MORE INFORMATION
Team Leader/Broker | License ID: 108348