Bought with Lookup Realty
$925,000
$850,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
7801 Rainier AVE S Seattle, WA 98118
4,062 SqFt
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,062 sqft
Price per Sqft $227
Subdivision Seattle
MLS Listing ID 2272694
Sold Date 08/23/24
Style 52 - Duplex
Year Built 1994
Annual Tax Amount $11,978
Lot Size 8,770 Sqft
Property Description
This property is so much more than a 2 unit "duplex home"! For starters, the lower unit, over 2200 ST, has 7 bedrooms and 2 baths. The seller currently occupies, but in the past it has been occupied by seven individuals each contributing to the income. Add it up! The upstairs "Penthouse" has a traditional layout with 3 bedrooms and 2 bathrooms including a complete primary suite. As an added bonus receive an additional tax parcel of 2135 SF which presents as the beautiful fenced front yard. The zoning on this property is an unbelievable LR3 RC (M). For future potential the sky is the limit. Plus, the seller is happy to offer financing at a below-market rate for someone with a reasonable down-payment. This is what opportunity looks like!
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Interior Features Ceramic Tile, Concrete, Laminate Hardwood, Wall to Wall Carpet
Flooring Ceramic Tile, Concrete, Laminate, Vinyl, Carpet
Fireplace Yes
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Sprinkler System
Waterfront No
View Y/N No
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Owner Financing
Listing Terms Owner Financing
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157