Seattle, WA 98136,5454 Fauntleroy AVE SW
See all 24 photos
Seattle, WA 98136,5454 Fauntleroy AVE SW
Seattle, WA 98136,5454 Fauntleroy AVE SW
Seattle, WA 98136,5454 Fauntleroy AVE SW
Seattle, WA 98136,5454 Fauntleroy AVE SW
Listed by Paragon Real Estate Advisors
Bought with Raven Commercial Real Estate

$2,080,000

Est. payment /mo

$2,100,000

1.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5454 Fauntleroy AVE SW Seattle, WA 98136

11 Beds

10.5 Baths

6,110 SqFt

SOLD DATE : 10/04/2024

Key Details

Sold Price $2,080,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,110 sqft

Price per Sqft $340

Subdivision Fairmount

MLS Listing ID 2288342

Sold Date 10/04/24

Style 56 - 10+ Units

Bedrooms 11

Year Built 1987

Annual Tax Amount $20,910

Lot Size 6,237 Sqft

Property Description

Findlay Court is a meticulously maintained 10-unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth. Rents are currently about 25% below market in current unit conditions presenting a significant opportunity to increase rents and improve cash flow.

Location

State WA

County King

Area 140 - West Seattle

Interior

Fireplace false

Exterior

Exterior Feature Stucco

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)

Jon Allen

Advisor | License ID: 133588

+1(206) 327-4385

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.