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Listed by: Dan Swanson | Kidder Mathews
Sold Nov 30, 2021
$2,950,000

1-10 - 518 43rd Street, Seattle WA

beds
baths
6,750sq ft
$437/sq ft
7 days on rennie12 cumulative days on market
1853559MLS ®

Located on a corner lot in Seattle’s desirable Fremont neighborhood, the Sunnyside Apartments is a value-add apartment community featuring seller financing (to a qualified buyer) and priced at less than $300,000 per unit. With an excellent unit mix of nine one-bedroom units and one three-bedroom unit, the Sunnyside offers tenants spacious open floor plans, ample closet space, and views from select units. While profitable in its current operations, a new operator could likely achieve income upside of approximately 11% with turnover and basic unit remodels. With a more robust value-add strategy that includes updating cabinets and flooring, income could possibly be increased by even more.

property details


Residential IncomeProperty type
1963Year built
7,500 ft²Lot area SF
$24,149Taxes 2021
CityViews
Corner Lot, PavedFeatures included
AreaFremont
Sub areaFremont
Listed byKidder Mathews
rennie last checkedSeptember 06, 2024 at 03:28pm
Last updatedSeptember 05, 2024 at 12:49pm
Cumulative days on market12 days
Closed DateNovember 30, 2021
SourceNWMLS, MLS # 1853559NWMLS Logo

Additional Details


Parking / Storage
Parking places - total7
Additional building details
Complex / sub divisionFremont
Age1963
ConstructionBrick, Stucco
RoofFlat
Water typePublic
Fuel / heatingForced Air, Electric
Storeys in building3
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