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Seattle,WA 98118
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,740 sqft
Price per Sqft $370
Subdivision Seattle
MLS Listing ID 2369307
Style 54 - 4-Plex
Bedrooms 9
Year Built 1958
Annual Tax Amount $8,323
Lot Size 6,000 Sqft
Property Sub-Type Multi Family
Property Description
Newly remodeled 4-plex, 3 2bed/1ba and 1 3bed/1ba, features major upgrades including a new roof, updated electrical panels and plumbing systems, and in-unit washer and dryer in each unit. 3 units have been tastefully renovated, while 1 unit remains in its original condition. Over $350,000 in recent upgrades ensure a low-maintenance investment, while the property brings in strong rental income at approximately $10,000/month with over 7% cap rate. Zoned LR2(M) on a large lot, ideal for future development. Blocks from the Seattle Public Library, Rainier Beach, light rail, grocery stores, and restaurants. Perfect for investors or owner-occupants—live in one unit and let the others pay your mortgage. 2 units are left vacant for easy showing.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Flooring Ceramic Tile,Laminate
Exterior
Exterior Feature Brick,Wood
View Y/N No
Roof Type Composition
Building
Lot Description Alley,Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan