Bought with Lake & Company
$937,500
$995,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2,830 SqFt
SOLD DATE : 01/31/2020
Key Details
Sold Price $937,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,830 sqft
Price per Sqft $331
Subdivision Licton Springs
MLS Listing ID 1532575
Sold Date 01/31/20
Style 53 - Tri-plex
Year Built 1964
Annual Tax Amount $7,118
Lot Size 5,000 Sqft
Lot Dimensions 50 X 100
Property Description
Wonderful investment opportunity beckons. Licton Springs Triplex (3-2bed/1bath) offer large and spacious layouts. Well maintained, solid turnkey investment. Attached 3 car garage w/ alley access. Close to downtown and transit options. Potential to improve cap rate, rents below market. Large 5,000 sq ft lot and LR3 zoning offers additional upside through multiple redevelopment options from townhomes to small apartment buildings. Part of Aurora-Licton Springs RUV.
Location
State WA
County King
Area _705Ballardgreenlak
Interior
Interior Features Ceramic Tile, Hardwood, Laminate Hardwood
Flooring Ceramic Tile, Hardwood, Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Viewlands
Middle Schools Robert Eagle Staff Middle School
High Schools Ingraham High
School District Seattle
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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