Bought with eXp Realty
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1501 31st AVE S Seattle, WA 98144
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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $507
Subdivision Mt Baker
MLS Listing ID 2270772
Sold Date 01/06/25
Style 55 - 5-9 Units
Year Built 1927
Annual Tax Amount $14,833
Lot Size 6,000 Sqft
Property Description
This pride of ownership property consists of 2 buildings a duplex & a triplex with 4 2-bed units & an open 1-bed loft. All units feat. skyline views, hardwood floors, upgrd. kitchens & baths, cmmn laundry, off-street parking & mature landscaping. Well maintained, elec is updated, new roofs & water main. Ownership added a permitted 5th unit & potential to convert similar space in the 2nd building to a 6th. Potential for future redevelopment (buyer to verify). With only 36 MF units in the nbhd, the property experiences a stable rent roll with turnovers quickly leased, Buyers have the opportunity to invest or owner occupy in a coveted location with high quality of life or potentially capitalize on the limited rental stock with an add'l unit.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Interior Features Ceramic Tile, Fir/Softwood, Hardwood
Flooring Ceramic Tile, Softwood, Hardwood
Fireplace false
Exterior
Exterior Feature Stucco, Wood Products
Amenities Available Deck
View Y/N Yes
View City, Mountain(s), See Remarks, Sound
Roof Type Flat
Building
Lot Description Curbs, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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