Listed by: Dan S. Swanson | Kidder Mathews
Sold Dec 01, 2021
$2,950,000
1-10 - 518 N 43rd Street, Seattle WA
-beds
-baths
6,750sq ft
$437/sq ft
70 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 | |||
7,500 ft²Lot area SF | |||
$24,149Taxes 2021 | |||
6,750 ft²Living area | |||
CityViews | |||
Corner Lot, PavedFeatures included | |||
Coin Laundry, StorageSite influences | |||
Subarea | Fremont | ||
Listed by | Kidder Mathews | ||
rennie last checked | June 20, 2025 at 12:57pm | ||
Last updated | September 05, 2024 at 05:49am | ||
Cumulative days on market | 12 days | ||
Closed Date | December 01, 2021 | ||
Source | NWMLS, MLS # 1853559 | ![]() |