Bought with Park Place Properties
$1,343,000
$1,350,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
4845 Fauntleroy WAY SW Seattle, WA 98116
3,800 SqFt
Key Details
Sold Price $1,343,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $353
Subdivision Alaska Junction
MLS Listing ID 1977365
Sold Date 10/04/22
Style 54 - 4-Plex
Year Built 1950
Annual Tax Amount $10,318
Lot Size 6,000 Sqft
Lot Dimensions 50 x 120
Property Description
Opportunity knocks on this fantastic investment opportunity located in the epicenter of West Seattle. Currently utilized as an income generating fourplex with low historical vacancy rate, the zoning of the property provides upside with high density, LR3 zoning, which could allow for up to eight townhomes (buyer to verify) or a larger apartment building. This fourplex features (3) 2bed/1bath units and (1) 3bed/1bath unit, two renovated units, three off-street parking spots along with two car garage, in-unit washer and dryer and all utilities paid by tenants. Located near future proposed light rail stations, just blocks to California Ave with all its great restaurants, night life and shopping and minutes to Alki Beach.
Location
State WA
County King
Area 140 - West Seattle
Interior
Interior Features Ceramic Tile, Hardwood, Wall to Wall Carpet
Flooring Ceramic Tile, Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available High Speed Internet, Sewer Connected, Electric
Amenities Available High Speed Internet, Patio
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Fairmount Park
Middle Schools Pathfinder K-8
High Schools West Seattle High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157