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Harbor Vista

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Harbor Vista

6042 Fauntleroy Way SW, Seattle, WA 98136
Multi-Family For Sale Available Cap Rate 4.36% Built 1989 3 floors Zoning: LR2 (M)
Asking Price
$1,995,000
Total Building5,424 SF
Available5,424 SF avail
Land5,500 SF land
Parking Total4
& Uncov.
ConstructionFramed
MarketWest Seattle
CountyKing

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
305001
Listing ID
703168
Type
Multi-Family
Asset Class
Multi-Family
Zoning
LR2 (M)

Description

Well-maintained, six-unit property features spacious 2BD/2BTH units that include private decks. All units are outfitted with full appliance packages, including dishwashers, ranges, refrigerators, garbage disposals, and in-unit washers and dryers. Units are in clean, rentable condition as-is, providing strong in-place income with considerable room for growth. There is significant value-add potential through interior cosmetic renovations and further upside through the implementation of utility bill-backs, parking charges, and pet rent. With its large floorplans, core location, and multiple layers of rental upside, Harbor Vista represents an excellent opportunity for investors seeking both immediate cash flow and long-term growth.

Listing Courtesy of:

BP
Brian Platt
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98136 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.