751 South Sullivan Street

Seattle, WA 98108

$789,000
Last Sold Price
4
Beds
4
Baths
2,015 Sq. Ft.
$392 / Sq. Ft.
2,015
Sq. Ft.
$392
per Sq. Ft.

Description

Wonderful income producing 4-plex in convenient South Park. Single story building sited on a 6,000 sqft corner lot with RSL zoning provides the development and construction of multiple new homes. All units are 1Br/1Ba with efficient layout that feature galley style kitchen, new exterior paint and partially fenced yard. Located across the street from South Park playground and 1 block from the library. Easy commute to downtown Seattle via Highway 99, nearby I-5 is also an excellent option for north...Wonderful income producing 4-plex in convenient South Park. Single story building sited on a 6,000 sqft corner lot with RSL zoning provides the development and construction of multiple new homes. All units are 1Br/1Ba with efficient layout that feature galley style kitchen, new exterior paint and partially fenced yard. Located across the street from South Park playground and 1 block from the library. Easy commute to downtown Seattle via Highway 99, nearby I-5 is also an excellent option for north & south destinations. Do not miss this opportunity to acquire a turnkey multi-unit and outstanding cashflow property.
  1. Listed by Paul Lau • John L. Scott Des Moines

Property Details for 751 South Sullivan Street

Community Name
South Park
School District
Seattle
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
05-31-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of John L. Scott Des Moines

Sold By City Closers Real Estate

Add your commute
LISTING UPDATED: 07/31/2023 05:09 PM

Property Details for 751 South Sullivan Street

StatusSold
MLS #2074432
Days on Market20
Cumulative Days on Market254
Taxes$6,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.14 AC / 6,000 SF
CountyKing County

Location

Listing Courtesy of John L. Scott Des Moines

Sold By City Closers Real Estate

Add your commute

Building Information for 751 South Sullivan Street

Stories1Residences4Year Built1956Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$4,871 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,306

Property Taxes

$565

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 751 South Sullivan Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially
  • Area: 140 - West Seattle
  • Elementary School: Concord
  • Middle Or Junior School: Denny Mid
  • High School: Sealth High
  • Effective Year Built Source: Public Records
  • Directions: Southbound on E Marginal Way S, right on16th Ave S, right on S Cloverdale St, right on 8th Ave S. 4-plex is located on the left hand side at the corner of 8th Ave S & S Sullivan St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4800
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1993
  • Photos Count: 10
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7883603026
  • Building Condition: Good
  • Calculated Square Footage: 2015
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2015.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12479
  • Gross Adjusted Income: 59364
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $61,200
  • Insurance Expense: $900
  • Net Operating Income: $46,885
  • Other Expenses: $0
  • Total Monthly Income: 5100
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 488
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 488
  • Rent Unit 2: $1,300.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 488
  • Rent Unit 3: $1,200.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 488
  • Rent Unit 4: $1,200.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1955.0
  • Leasable Area Units: Square Feet

Property History for 751 South Sullivan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 751 South Sullivan Street

Taxable ValueLand$210,000Additions$484,000Total$694,000
Tax Record2022$6,783 ($565 / month)
Home Facts
Total Finished SqFt1,952 SqFtAbove Ground SqFt1,952 SqFtStories1Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1956Year Renovated1993ZoningRSL (M)CountyKINGAPN788360-3026

Schools near 751 South Sullivan Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Concord Elementary School
PublicPK to 5

Denny Middle School
Public6 to 8

Chief Sealth High School
Public9 to 12

Cleveland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Des Moines

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.