Bought with South Lake Associates Inc.
$941,000
$995,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
3,440 SqFt
SOLD DATE : 09/30/2019
Key Details
Sold Price $941,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $273
Subdivision Cedar Park
MLS Listing ID 1438436
Sold Date 09/30/19
Style 53 - Tri-plex
Year Built 1974
Annual Tax Amount $8,563
Lot Size 7,937 Sqft
Property Description
Homes at the Lake City Triplex are large and offer spacious layouts. Residents can take advantage of ample off-street parking, including three carport stalls. The triplex offers in-unit washers and dryers for two units, and a separate laundry room for the third unit. This triplex offers ample upside, with the opportunity to raise rents by 30%. Further, the property sits on 7,937 SF of LR2 zoned land, providing future redevelopment potential in an increasingly exciting submarket.
Location
State WA
County King
Area 710 - North Seattle
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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