Seattle, WA 98122,1625 Martin Luther King Jr WAY
Seattle, WA 98122,1625 Martin Luther King Jr WAY
Seattle, WA 98122,1625 Martin Luther King Jr WAY
15
Listed by Paragon Real Estate Advisors
Bought with Paragon Real Estate Advisors
$4,900,000
$4,900,000
Est.Price: ?

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13,080 SqFt

1625 Martin Luther King Jr WAY Seattle, WA 98122

Est. payment /mo
SOLD DATE : 08/30/2021

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Key Details

Sold Price $4,900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,080 sqft

Price per Sqft $374

Subdivision Madison Valley

MLS Listing ID 1814572

Sold Date 08/30/21

Style 56 - 10+ Units

Year Built 1973

Annual Tax Amount $47,571

Lot Size 0.716 Acres

Property Description

The townhomes were originally built in 1973 and consist of 15 townhouse-style units located on two separate tax parcels which combined total 31,200 square feet in size with an interior parking lot. There are four separate buildings with a mix of two-and three-bedroom townhomes. Most of the townhomes have been updated over the years with newer vinyl flooring, carpeting, and kitchen cabinets. The Opportunity is to update the townhomes on the inside and outside to a more modern look and raise rents to market. This is a rare opportunity to own townhome style townhomes with large two- and three-bedroom units perfect for roommates and those who want their own private space with a patio area.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Utilities Available Sewer Connected, Electric

Waterfront No

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

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Northwest MLS (NWMLS)

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Kat Delay

Team Owner / Director of Sales | License ID: 125181

+1(425) 223-1751

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