547 S Sullivan ST Active

Seattle,WA 98108

$ 645000

3 Beds

2 Baths

1250 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $516

Subdivision South Park

MLS Listing ID 2432506

Style 52 - Duplex

Bedrooms 3

Year Built 1905

Annual Tax Amount $4,728

Lot Size 4,500 Sqft

Property Sub-Type Multi Family

Property Description

New Price, $5000 Buyer Bonus, Motivated Seller! Welcome to an exceptional investment that perfectly balances strong immediate cash flow with significant redevelopment upside. This property features two fully-rented, well-laid-out units—a front 2 bed/1 bath unit and a charming rear 1 bed/1 bath cottage—nestled on a quiet dead-end street with a fenced lot and rare ample parking. These properties are in solid condition with refreshed paint, updated finishes, and new fencing, the ideal setup for an investor entering the market at an affordable price, or an owner-occupant looking to "house hack" by living in one unit and renting the other. Don't miss this enticing blend of immediate return and future potential! Annual income is over $45,000!

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl,Vinyl Plank,Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Fenced-Fully

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley,Curbs,Dead End Street,Paved,Secluded,Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

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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