547 S Sullivan ST, Seattle, WA 98108
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547 S Sullivan ST, Seattle, WA 98108
547 S Sullivan ST, Seattle, WA 98108
547 S Sullivan ST, Seattle, WA 98108
547 S Sullivan ST, Seattle, WA 98108
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Sandy Jones

Sandy Jones

+1(253) 514-1988
Listed by:Inspire Realty • Autumn Allen
$ 625,000
Est. payment /mo
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547 S Sullivan ST Seattle, WA 98108

3 Beds

2 Baths

1,250 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $500

Subdivision South Park

MLS Listing ID 2584800

Style 52 - Duplex

Bedrooms 3

Year Built 1905

Annual Tax Amount $4,728

Lot Size 4,500 Sqft

Property Sub-Type Multi Family

Property Description

Exceptional investment or house-hacking opportunity featuring a 6.5% Cap Rate and strong immediate cash flow in an area already transformed. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property comprises two fully detached, well-maintained cottages with zero shared walls. The tenants love the privacy and have been there since 2022. The spacious 2-bedroom front unit and the 1-bedroom rear unit complete with a private double driveway and new security gate—generate a combined gross income of over $4000 per month. Boasting an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Seller is executing 1031 exchange. Book tour today at this duplex today!

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Fenced-Fully, High Speed Internet

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, State Bond, VA Loan

Listing Terms Cash, Conventional, FHA, State Bond, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Sandy Jones

Sandy Jones

Broker Associate License ID: 54705

+1(253) 514-1988

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547 S Sullivan ST