Bought with Windermere R.E. Shoreline
$1,640,000
$1,695,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
3,288 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $1,640,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,288 sqft
Price per Sqft $498
Subdivision Fremont
MLS Listing ID 2187812
Sold Date 03/15/24
Style 54 - 4-Plex
Year Built 1910
Annual Tax Amount $12,395
Lot Size 6,000 Sqft
Property Description
Unbeatable Fremont Location. The Phinney Fourplex is a classic property situated on an ideal corner lot with beautiful Southwest views. The property is zoned LR1 and is a perfect land bank with tons of potential for future development. The existing building has a historically low vacancy rate with consistently strong rental cash flow. The units all boast desirable old world charm features such as coved archways and hardwood floors. Potential townhome/rowhouse redevelopment, corner lot zoned LR1.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Hardwood
Flooring Hardwood
Fireplace No
Exterior
Exterior Feature Brick, Stone, Wood
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, See Remarks
Listing Terms Cash Out, Conventional, See Remarks
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