Seattle, WA 98144,1501 31st AVE S
Seattle, WA 98144,1501 31st AVE S
Seattle, WA 98144,1501 31st AVE S
Seattle, WA 98144,1501 31st AVE S
Seattle, WA 98144,1501 31st AVE S
Seattle, WA 98144,1501 31st AVE S
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Listed by Lee & Associates Commercial RE
Bought with eXp Realty

$1,700,000

$1,725,000

1.4%
Est.Price: ?

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Est. payment /mo

3,350 SqFt


SOLD DATE : 01/06/2025

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $507

Subdivision Mt Baker

MLS Listing ID 2270772

Sold Date 01/06/25

Style 55 - 5-9 Units

Year Built 1927

Annual Tax Amount $14,833

Lot Size 6,000 Sqft

Property Description

This pride of ownership property consists of 2 buildings a duplex & a triplex with 4 2-bed units & an open 1-bed loft. All units feat. skyline views, hardwood floors, upgrd. kitchens & baths, cmmn laundry, off-street parking & mature landscaping. Well maintained, elec is updated, new roofs & water main. Ownership added a permitted 5th unit & potential to convert similar space in the 2nd building to a 6th. Potential for future redevelopment (buyer to verify). With only 36 MF units in the nbhd, the property experiences a stable rent roll with turnovers quickly leased, Buyers have the opportunity to invest or owner occupy in a coveted location with high quality of life or potentially capitalize on the limited rental stock with an add'l unit.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Interior Features Ceramic Tile, Fir/Softwood, Hardwood

Flooring Ceramic Tile, Softwood, Hardwood

Fireplace false

Exterior

Exterior Feature Stucco, Wood Products

Amenities Available Deck

View Y/N Yes

View City, Mountain(s), See Remarks, Sound

Roof Type Flat

Building

Lot Description Curbs, Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

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Northwest MLS (NWMLS)
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733 7th Ave Suite 211, Kirkland, WA, 98033, United States

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