Bought with Paragon Real Estate Advisors
$4,900,000
$4,900,000
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13,080 SqFt
SOLD DATE : 08/30/2021
Key Details
Sold Price $4,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,080 sqft
Price per Sqft $374
Subdivision Madison Valley
MLS Listing ID 1814572
Sold Date 08/30/21
Style 56 - 10+ Units
Year Built 1973
Annual Tax Amount $47,571
Lot Size 0.716 Acres
Property Description
The townhomes were originally built in 1973 and consist of 15 townhouse-style units located on two separate tax parcels which combined total 31,200 square feet in size with an interior parking lot. There are four separate buildings with a mix of two-and three-bedroom townhomes. Most of the townhomes have been updated over the years with newer vinyl flooring, carpeting, and kitchen cabinets. The Opportunity is to update the townhomes on the inside and outside to a more modern look and raise rents to market. This is a rare opportunity to own townhome style townhomes with large two- and three-bedroom units perfect for roommates and those who want their own private space with a patio area.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
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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