Bought with Skyline Properties, Inc.
$6,400,000
$6,350,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
6601 Rainier AVE S Seattle, WA 98118
24,220 SqFt
Key Details
Sold Price $6,400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 24,220 sqft
Price per Sqft $264
Subdivision Brighton
MLS Listing ID 1909907
Sold Date 06/15/22
Style 56 - 10+ Units
Year Built 1967
Annual Tax Amount $53,484
Lot Size 0.634 Acres
Property Description
The Arches Apts is for sale for the first time in 56 years. The property is located in the Rainier Valley Brighton neighborhood. Originally built in 1967, the property has been well-maintained and upgraded with multiple capital improvements to the roof, siding, and plumbing. The 25 units are a balanced mix of (10) 3 bed/1.5 baths, (5) 2bed/1bath, and (10) 1bed/1bath units. Off-street parking is plentiful with 25 stalls, three of which are tandem. The property laundry is serviced by common coin-op machines. Each unit has been sub-metered for water usage. All units have dishwashers.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Interior Features Wall to Wall Carpet, Laminate Tile
Flooring Laminate, Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Torch Down
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157