1501 31st Avenue South Seattle, WA 98144

$1,795,000
0.14
Acres
3,350
SQFT
536
$/SQFT
$1,795,000
3,350   sf
$536 / sf
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active
1/17
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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 re-leased quickly, Buyers have the opportunity to own 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.

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 re-leased quickly, Buyers have the opportunity to own 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.

  • Neighborhood
  • Type
  • County
    King
  • Area
    380 - Southeast Seattle
  • Tax Amount
    $14,833
  • Status
    Active
  • Listing #
    2165610
  • Built
    1927
  • Lot Size
    0.14
  • Listed on site
    216 days

Listed by:
Lee & Associates Commercial RE

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-04-29 04:16:19. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Mar 2, 20242 mos agoPrice decreased55,000 (3%)$1,795,000
Jan 19, 20243 mos agoPrice decreased50,000 (3%)$1,850,000
Nov 10, 20236 mos agoPrice decreased95,000 (5%)$1,900,000
Sep 25, 20237 mos agoNew on market$1,995,000
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