Listed By:
Keller Williams North Seattle and NWMLS
Address
1056 S Sullivan St, Seattle, WA
Price
$ 1,097,800
Property Attributes
  • ID#2162853
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaWest Seattle
  • NeighborhoodSouth Park
  • Zip98108
  • Style4-Plex
  • Year Built1986
  • Taxes$ 6705
  • Price$ 1,097,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2600
  • Lot Size5,998 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Micro Unit Developers, Contractors, and Investors seize the opportunity in the highly coveted South Park area! This up-and-coming location offers fantastic walkability to local shops and eateries and boasts a sprawling corner lot with an alley. According to SMC 23.44.006.B, you can build apartments, carriage houses, cottage housing development, rowhouse development, and townhouse developments in RSL zones. Imagine having up to three apartment dwelling units! Don't miss out on this lucrative opportunity to expand your portfolio. The lot is 6,000sqft \ 2000sqft = 3 lots Don't miss out on this prime investment opportunity! Property is Sold "AS-IS, WHERE-IS condition, Seller will not complete any repairs or potential work orders.

Elementary School Middle School High School
Concord Elementary School Denny Mid Sealth High
Price History
9/19/2023 Listed $1,097,800

General Features

Amenities Basement, Coin Op Laundry
Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions From W Marginal Way SW, Turn R at 2nd Avenue SW, continue onto 1st Ave S, Turn left at S Cloverdale St, Turn L at 12th Ave S, Take the 1st left onto S Sullivan St. Welcome!
Electric Expense 2023
Elementary School Concord
Exterior Features Wood, Wood Products
Fuel Expense 2548
High School Sealth High
High School District Seattle
Insurance Expense 963
Interior Features Wall to Wall Carpet
Leasable Area 2040
Listing Terms Cash Out, Conventional
Lot Size Square Feet 6000
MLS Area 140 - West Seattle
Middle/Junior High School Denny Mid
Net Operating Income 67568
New Construction No
Open Parking Spaces 3
Possession Closing
Possible Use Multi-Family, Residential
Property Condition Good
Property Style 54 - 4-Plex
Property SubType Multi-Family
Property Type Residential Income
Public Remarks Micro Unit Developers, Contractors, and Investors seize the opportunity in the highly coveted South Park area! This up-and-coming location offers fantastic walkability to local shops and eateries and b
Roof Composition
Senior Community Y/N No
Sewer Available, Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Sullivan St
Structure Type Quadruplex
Subdivision Name South Park
Tax Annual Amount 6705
Tax Year 2023
Total Units 4
Units Below Grade true
Units In Building Total 4
View Territorial
View Y/N Yes
Virtual Tour https://pages.kw.com/kevin-thomas/874862/1056_S_Sullivan.html
Water Company Seattle
Water Sewer Garbage 8393
Waterfront Y/N No
Year Built 1986
Zoning Class Multi-Family, Residential

Interior Features

Air Conditioning Y/N No
Fireplace Y/N No
Flooring Carpet
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Natural Gas
Total Stories 2

Exterior Features

Building Area Total 2600
Covered Spaces 3
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Alley, Corner Lot, Curbs, Sidewalk
Lot Number 25|26
Lot Size Acres 0.1377
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 3
Site Features Cable TV, High Speed Internet
Total Parking 6
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98108

Price
AVG $1.25M
$1.1M
Taxes
AVG $6,753
$6,705
Visits
AVG 94
8
Year Built
AVG 1961
1986
Walkscore
AVG 65
62
Data Provided by Walkscore ® not using MLS data