Bought with Lake & Company
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Key Details
Sold Price $1,458,650
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $450
Subdivision Crown Hill
MLS Listing ID 2246398
Sold Date 08/30/24
Style 53 - Tri-plex
Year Built 1977
Annual Tax Amount $9,476
Lot Size 6,000 Sqft
Property Description
This jewel in Crown Hill is ready to be maximized! The currently expanded duplex has been an operating tri-plex for many years. Current zoning allows for an ADU or DADU addition. The current offering brings you a rare 5.37 cap rate with an opportunity to get much better. Everything is in excellent condition. The three units have been continuously rented for many years. There never has been difficulty finding renters. Two of the units have their own garage. The grounds have been beautifully maintained with 3 trees of Italian Prunes that are very prolific. Easy commute to Seattle, Bellevue, or Redmond. Walk score 76.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Amenities Available Cable TV, Fenced-Partially, Gas Available
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Gini Anderson
Managing Broker | License ID: 27862
Managing Broker License ID: 27862