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4845 Fauntleroy Way SW

Seattle, WA 98116
  • $1,343,000
  • STATUS: Sold
  • ON SITE: 65 Days
  • ID#: 1977365
Sold - 10/04/2022
$1,343,000
SOLD - 10/04/2022
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,800
    SQFT
  • $353
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Industry Re: 206-203-3636.


Description

Opportunity knocks on this fantastic investment opportunity located in the epicenter of West Seattle. Currently utilized as an income generating fourplex with low historical vacancy rate, the zoning of the property provides upside with high density, LR3 zoning, which could allow for up to eight townhomes (buyer to verify) or a larger apartment building. This fourplex features (3) 2bed/1bath units and (1) 3bed/1bath unit, two renovated units, three off-street parking spots along with two car garage, in-unit washer and dryer and all utilities paid by tenants. Located near future proposed light rail stations, just blocks to California Ave with all its great restaurants, night life and shopping and minutes to Alki Beach.

Listing by Henry H. Shim. Sold by Park Place Properties.

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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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-06T00:15:19.143. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-06T00:15:19.143. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
pnw.sourcerealestate.com/homes/131496478
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4845 Fauntleroy Way SW Seattle, WA 98116

  • Price: $1,350,000
  • Status: Sold
  • On Site: 65 Days
  • Updated: 27 min ago
  • ID#: 1977365
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,800
SQFT
$353
$/SQFT
1950
Built
Neighborhood:
Alaska Junction
County:
King
Area:
West Seattle
Elementary School:
Fairmount Park
Middle School:
Pathfinder K-8
High School:
West Seattle High
School District:
Seattle
Property Description
Opportunity knocks on this fantastic investment opportunity located in the epicenter of West Seattle. Currently utilized as an income generating fourplex with low historical vacancy rate, the zoning of the property provides upside with high density, LR3 zoning, which could allow for up to eight townhomes (buyer to verify) or a larger apartment building. This fourplex features (3) 2bed/1bath units and (1) 3bed/1bath unit, two renovated units, three off-street parking spots along with two car garage, in-unit washer and dryer and all utilities paid by tenants. Located near future proposed light rail stations, just blocks to California Ave with all its great restaurants, night life and shopping and minutes to Alki Beach.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features WoodWood Products Lot Features AlleyCurbsPavedSidewalkValue In Land Lot Size Dimensions 50 X 120 Open Parking Spaces 3 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 3 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 3800 Fireplace YN No Flooring Ceramic TileHardwoodVinylCarpet Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes Interior Features Ceramic TileHardwoodWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Thermal Windows Buyer Financing Conventional Cumulative Days On Market 115 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 54265 New Construction YN No Possession ClosingSee RemarksTenant's Rights Possible Use Multi-Family Power Company Spu Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Spu Site Features High Speed InternetPatio Special Listing Conditions None Tax Annual Amount 10318.81 Tax Year 2022 Units In Building Total 4 Utilities High Speed InternetSewer ConnectedElectricity Available Water Company Spu Water Source Public Year Built Effective 1988 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2022 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 Source 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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-06T00:15:19.143. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-06T00:15:19.143. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Industry Re: 206-203-3636.