Bought with Kelly Right RE of Seattle LLC
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5925 Fauntleroy Way SW Seattle, WA 98136
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Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $360
Subdivision Fairmount
MLS Listing ID 2319792
Sold Date 02/28/25
Style 54 - 4-Plex
Bedrooms 8
Year Built 1984
Annual Tax Amount $10,698
Lot Size 4,400 Sqft
Property Sub-Type Multi-Family
Property Description
Built in 1984, this meticulously maintained West Seattle 4-plex is located a few minutes north of Morgan Junction & sits on a 4,400 sqft lot zoned LR2(M). All 4 units are similar in size of approx 850 sqft, each offering 2beds,1 bath with a washer/dryer in-unit. Capital improvements include a new roof (2021), new windows (2020) & exterior/siding repairs (2020/2024). Unit #3 was remodeled in 2020 with new white shaker style cabs & quartz counters. Exceptional opportunity to bring below market rents up significantly to current market and/or pursue a value-add repositioning plan with additional unit renovations. 4 off-street prkg spaces with income potential. Prime investment opportunity in a desirable location for new or seasoned investors.
Location
State WA
County King
Area 140 - West Seattle
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Cable TV
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Open Space, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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