Bought with Keller Williams North Seattle
$1,287,500
$1,395,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4700 SW Othello ST Seattle, WA 98136
3,845 SqFt
Key Details
Sold Price $1,287,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,845 sqft
Price per Sqft $334
Subdivision Lincoln Park
MLS Listing ID 1762044
Sold Date 06/30/21
Style 55 - 5-9 Units
Year Built 1910
Annual Tax Amount $13,550
Lot Size 4,170 Sqft
Property Description
This offering presents an attractive opportunity to purchase a six-unit apartment building in the Lincoln Park/Fauntleroy neighborhood. The Park Apartments is well-known by West Seattle owners due to its San Franciscan style charm. The charm of the building draws many residents to the property and often keeps them as long-term tenants. This listing presents a unique value add opportunity for an investor to significantly move rents upward with cosmetic renovations to the units.
Location
State WA
County King
Area 140 - West Seattle
Interior
Interior Features Hardwood, Laminate Tile
Flooring Hardwood, Laminate
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
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157