Bought with Windermere Real Estate Co.
$1,810,000
$2,097,500
13.7%For more information regarding the value of a property, please contact us for a free consultation.
3,310 SqFt
SOLD DATE : 10/21/2024
Key Details
Sold Price $1,810,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $546
Subdivision Queen Anne
MLS Listing ID 2220598
Sold Date 10/21/24
Style 53 - Tri-plex
Year Built 1963
Annual Tax Amount $13,581
Lot Size 7,200 Sqft
Property Description
The triplex consists of 3 – 2 bedroom/1 bathroom units that have all been updated since 2018. On the 7,200 SqFt lot, there is a front and backyard, 3 off-street parking spaces, and a 2-car garage that has had its roof replaced. The plumbing systems have been updated with a mix of copper and PEX but there is a small amount of original galvanized pipe. This property has been passively managed for the last few years and is ready for a new owner to take it to the next level. Rents are significantly below market, but all tenants are on month-to-month leases. The top floor unit can be vacant at closing, creating a great opportunity for an owner-user. Potential to add another unit or expand the top unit (buyer to verify).
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Built-Up
Building
Sewer Sewer Connected
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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